Medisolv’s MIPS Reporting Results

By Denise Scott, M.M. RN-BC, CMHP. Posted Oct 11, 2019 in Quality Reporting, MACRA/MIPS Program, Academy

Results from the second year of MIPS

2018 marked the second complete year of the MIPS program. Last year, we put together an infographic showing our clients’ performance in the first year of MIPS. This year we took it a step further and included even more data points for comparison.We are very proud that our clients were able to maintain their excellent performance. We strongly believe that our close client relationships benefit both parties and contribute to these outstanding results.

That’s why in the 2019 Best in KLAS report we were ranked #1 for Quality Management with one of our highest scores being in “quality of support.” It is this deep level of support that we provide which differentiates us from our competitors.

On to the numbers. Take a look below and see how your organization compares.

Medisolv Clients' Average Total Scores:

MIPS-total-scores-1

As you can see, for our clients, it doesn’t make a difference if they are big or small. It matters which measures you pick and how often you review and adjust. That’s what will impact your final score.

In 2018, any practice that scored 70 points or above received an exceptional performance bonus that was added on to any positive adjustment they already received.

For more information about how MIPS reimbursements work, read our blog: MIPS Reimbursements: How does it work?

Medisolv Clients' Average Category Scores:

MIPS-Category-Scores-1

One thing to note here is how many of our clients were able to achieve perfect scores in the Promoting Interoperability and Improvement Activities categories. If you are not getting perfect scores in these categories, you may be leaving money on the table. In our experience, it’s been relatively easy to manage these categories with our clients and get them to their max points.

Medisolv Clients' Additional Results:

MIPS-Bonus

If you can recall, practices were pretty furious last year that the actual percent of reimbursement given to high scorers was so low. For instance, one of our practices scored 100% and received 2.12% reimbursement. CMS had said they could max at 4% + the exceptional performance bonus money. Well, where in the heck did that money go?

Remember that the program is budget neutral so we can deduce that most practices were able to achieve a pretty good score. Keep in mind that in 2018, CMS excluded even more practices from having to report, which made your pool even smaller.

That means to make it worth your while to participate in MIPS, you really need to concentrate on getting the best score possible.

Before we leave you today, I wanted to throw in a quick summary of your 2019 requirements. This year, CMS did the opposite action and threw in a bunch of new clinician types that are eligible for MIPS reporting. That does widen your pool of participants a bit. Also note that the penalties for poor performers are much more severe. We anticipate that these adjustments will make it more financially beneficial to the MIPS top performers.

2019 MIPS REQUIREMENTS

Eligible Clinician Types

  • Physician
  • Physician Assistant
  • Nurse Practitioner
  • Clinical Nurse Specialist
  • Certified Registered Nurse Anesthetist
  • Physical Therapist
  • Occupational Therapist
  • Qualified Speech Language Pathologist
  • Qualified Audiologist
  • Clinical Psychologist
  • Registered Dietitian or Nutrition Professional



Payment Adjustment

Risk-Gain

-7% Payments at Risk (Maximum)

Risk-Gain2

7% (Up to) Payments to Gain PLUS bonus money if you qualify as a top performer



Category Weights and requirements

Category-Weights-2019-1


Deadlines

Quality & Cost Category Start Date
January 1, 2019
This is the start date to track 365 days of Quality and Cost category measures.

PI & IA Category Start Date
January 1 – October 3, 2019
You may start anytime between January 1 and October 3, 2019 to track your measures to meet the minimum 90 day requirement.

Submission Deadline
March 31, 2020
The last day to submit all of your performance data is March 31, 2020.

Medisolv’s quality management software, ENCOR, is designed to meet your MIPS reporting needs. Our software provides timely visibility into your performance in each MIPS category. It helps you track and improve your performance 365 days of the year.

If you’re serious about improving your MIPS score and maximizing your reimbursement potential, talk to us about how our software and services can help your organization excel in MIPS.

Email sales@medisolv.com to find out more about our MIPS software.


 

UPCOMING WEBINAR

2020 MIPS Program Requirements

Wednesday, December 4, 2019
1 P.M. ET | 12 P.M. CT | 10 A.M. PT

MIPS 2020 brings some big change. In this can’t miss webinar session, Medisolv’s certified MACRA/MIPS Healthcare Professional, Denise Scott, will walk you through all of the new requirements for the MIPS program in 2020.

This free educational webinar will help you understand who is eligible for the MIPS program and what’s required for successful submission. We will outline strategies that will help you prepare your providers for their best reporting year yet.

In this webinar, you will:

  1. Learn about the changes made in the 2020 final rule for the Quality Payment Program;
  2. Understand the changes to reporting requirements for MIPS;
  3. Learn how the final score is calculated;
  4. Gather some best practices and resources to prepare your clinicians for a successful quality reporting year.


Register Now

 

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Denise Scott, M.M. RN-BC, CMHP

Denise Scott, M.M. RN-BC, CMHP

Denise Scott, Director of Ambulatory Services, brings over 30 years in healthcare and over 15 years in HIT implementation, optimization, quality measurement and improvement in the ambulatory physician environment to Medisolv. Prior to joining Medisolv, Denise was a Director of Quality, Informatics and Clinical Integration for two large medical groups in Massachusetts and the former Manager, HIT Services at Masspro where she led a variety of HIT related projects. Denise is a subject matter expert on workflow redesign and Meaningful Use, and is board certified in Nursing Informatics.

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