Medical Xpress May 15, 2021
(HealthDay)—The time and financial costs associated with participating in the U.S. Centers for Medicare & Medicaid Services Merit-based Incentive Payment System (MIPS) are considerable, according to a study published online May 14 in JAMA Health Forum.
Dhruv Khullar, M.D., from the Weill Cornell Medical College in New York City, and colleagues examined the costs for independent physician practices to participate in MIPS in 2019 in a qualitative study. Time required and financial costs of participation in MIPS were calculated from responses to in-depth semi-structured interviews conducted from Dec. 12, 2019, to June 23, 2020.
The researchers found that for participation in MIPS, the mean cost to practices per physician was $12,811....
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