Avoid a 5% Pay Cut: Creating a Plan for 2018 MIPS Reporting

Event Information
Product Format
Prerecorded Event
Conference Date
Thu, Apr 12, 2018
60 minutes
Product Description

Learn How MIPS Measures and Scoring Methodology Will Change For 2018

2018 is the second year of the new Merit-Based Incentive Payment System or MIPS. New rules for 2018 continue the transition to a pay for performance system. For 2018, there are many important changes including changes to who is eligible for MIPS, an increase in the score needed to avoid a 5% cut to your Medicare payments, and changes in how your MIPS score is calculated.

As the MIPS program moves toward full implementation in 2022, each year will bring increasingly difficult standards and program components. Join this session by expert speaker Jeanne J. Chamberlin to learn tips on the process and system changes needed to avoid future pay cut.

Session Highlights

  • Understand that most physicians and mid-levels will need to participate in MIPS in 2018 in order to avoid a 5% Medicare pay cut in 2020
  • Learn about the many critical changes to the MIPS program CMS is making in its second year
  • Learn how to know whether you are still eligible
  • Understand the score you must achieve to avoid a penalty
  • Understand which portions of the program require reporting for a full 12 months or just 90 days
  • Explore new scoring methodologies that provide much-needed help to small practices
  • Learn which quality measures will be eliminated and how to choose among the 250+ available measures
  • Learn about documentation you need to maintain in case of an audit

Session Objectives

  • Understand how new rules will impact you based on your practice size and type of provider
  • Learn how individual MIPS measures and scoring methodology will change for 2018
  • Steps you need to take now to avoid future payment cuts and potentially earn up to a 15% increase

Session Agenda

This session will cover:

  • A review of the basics for MIPS success
  • The schedule of increases to the physícian fee schedule set out under MACRA
  • Advanced APMs in 2018
  • Changes to MIPS in 2018
    • Changes to the NPI, to determine eligible providers
    • Changes to the threshold
    • MIPS bónus for patient complexity
    • Expansion of reporting period from 90 days to 12 months
    • Increase of data completeness to 60%
    • Implementation of Topped Out measures
    • Choice of certified EHR editions
    • New hardship exceptions
  • Budget neutrality under MIPS
  • Scoring issues for the cost category
  • 15 MIPS points to avoid a penalty in 2020
  • Focus areas for maximizing payments in 2020 – Quality

Who Should Attend

  • Physicians and mid-level providers in all specialties
  • Practice administrators
  • Finance officers
  • Nurse leaders
  • Quality directors

Ask a question at the Q&A session following the live event and get advice unique to your situation, directly from our expert speaker.

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About Our Speaker

Jeanne J. Chamberlin

Jeanne J. Chamberlin  is currently a Practice Management Consultant with MSOC Health. Over the past five years, she has worked with dozens of medical practices to improve efficiency and maximize profit.

As practice administrator of a 10-physician multi-specialty practice, Jeanne began reporting quality measures for the PQRS program in 2007. As a consultant with MSOC Health, she has assisted a wide variety of providers...   More Info
More Events By The Speaker

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