Many of you may have attended the Medicare MACRA/MIPS Year 2 Proposed Rule Overview this week. I just wanted to highlight a few of the major points:
Low Volume Threshold: Increase to >= $90,000 in Medicare claims or >= 200 Medicare patients
- Additional Bonuses
- Small Practice Bonus <= 15 providers (5 points)
- Health Care Shortage Area Bonus (5 points)
- Potential adjustment for patient complexity (1 – 3 points)
- Scoring Improvement Bonus (up to 10 points)
- Virtual Groups – Allow small practices with 10 or less clinicians and different TINs to come together in a group for reporting purposes. This must be declared before the beginning of the performance period, so prior to December 1st, 2017 for a virtual group in 2018.
- Performance Categories
- Quality – Remains at a 60% portion of the final score with a 12 month reporting period
- Cost – Proposed to be 0% again
- Improvement Activities
- 15% towards final score,
- can choose a 90-day period,
- more activities will be added to the list of those eligible for the 10 ACI bonus points
- Advancing Care Information
- 25% towards final score,
- allow 2014 or 2015 CEHRT again for 2018; however, bonus points for providers that use 2015 CEHRT,
- can choose a 90 day reporting period
- additional bonus points for registry reporting (10 instead of just 5)
- Quality – Remains at a 60% portion of the final score with a 12 month reporting period
These are just some important tidbits. MACRA/MIPS money is so accessible this year, do not miss your opportunity!
Additional Resource: https://www.cms.gov/Medicare/Quality-Initiatives-Patient-Assessment-Instruments/Value-Based-Programs/MACRA-MIPS-and-APMs/Proposed-rule-fact-sheet.pdf