H&HN September 6, 2017
Hospitals need to start tracking MIPS metrics by Oct. 2 to earn 2019 bonus.
Medicare’s Merit-based Incentive Payment System, or MIPS, ties Medicare Part B payments to how well physicians and other eligible clinicians perform in four categories: quality, improvement activities, advancing health information and costs. The biggest emphasis, however, is on quality. In 2017, which is the first performance year, 60 percent of payment is tied to how well providers perform on quality metrics.
Hospitals and health systems that want to potentially receive a payment bonus in 2019 need to select six quality metrics and begin tracking them by Oct. 2, which is the last day to start collecting data to meet 2017 reporting deadlines.
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