RevCycle Intelligence November 28, 2023
Most surgeons earned MIPS bonus payments and the median increase in Part B payments was $1,341.
Most surgical healthcare professionals participating in the Merit-based Incentive Payment System (MIPS) earned bonus payments in 2021, with urologists seeing the highest adjustment, a study published in JAMA Surgery revealed.
MIPS aims to incentivize value over volume by adjusting physician reimbursement based on performance in four categories: quality, improvement activities, promoting interoperability, and spending. However, stakeholders have expressed concern about the program’s ability to improve care quality for patients. In addition, physicians must invest significant time and money to participate in MIPS.
Researchers used Medicare’s Quality Payment Program Experience File and Physician and Other Practitioners File to evaluate the financial impact of MIPS for...