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    NEW BENEFIT: MIPSwizard

    By: Melissa Zarzycki on Nov 15, 2017

    Up to 4% of your Medicare Payments are At Risk—Are You Ready?

    Satisfy your MIPS Requirements with MIPSwizard

    The #1 Registry for Quality Measures reporting to CMS

    MIPSwizard is an easy to use online tool to help eligible clinicians quickly and easily participate in the Merit-based Incentive Payment System (MIPS). Similar to online tax preparation software, the MIPSwizard helps guide clinicians through a few easy steps to rapidly collect, validate and submit their results to CMS. MIPSwizard is powered by the Premier Inc. registry, a CMS Qualified Registry for MIPS reporting.

    Before you make your reporting selection, you can access all of the available MIPS reporting products available including the Specialty Measures Sets and Individual Measures options for eligible clinicians. Regardless of the type of reporting selected, the MIPSwizard guides users through the steps for reporting to ensure that requirements are satisfied. The modules include options for patient by patient data entry as well as upload tools. As an additional resource, there are on-demand videos which walk through the different reporting products step by step and provide educational information around various aspects of the MIPS Program. These videos can be accessed through the Video Library located on the resources tab of the MIPSwizard site.

    What’s at risk?

    MIPSwizard can assist eligible clinicians and group practices in avoiding the maximum penalty and achieving the maximum incentive under the 2017 MACRA program. This program places approximately 4% of your 2019 Medicare Part B FFS charges at risk.

    MIPS, aligning the pay-for-performance programs: PQRS, VM, and MU will adjust payments based on evidence-based and group or individual clinicians’ quality data. Entities will be assigned a performance score of 0-100, which will be compared to the performance threshold. The 2017 performance threshold will be three out of a possible 100 points. Clinician entities that score higher than three will receive bonuses, whereas clinicians that fall below three will face penalties. 

    After the first performance period, the range potential payment adjustments based on performance against MIPS measures grows each year through 2022. Additionally, clinicians who perform exceptionally well (score > 70) are eligible to share in an additional pool of bonus funds. 

    How do I get started?

    Tens of thousands of providers rely on The Premier Qualityifed Registry, MIPSwizard,to submit their MIPS reporting on an annual basis.

    This year MSNJ is continuing to offer members an exclusive discounted rate of $50 off the regular price. Visit https://www.medconcert.com/MSNJ2017 to register today!

     

     

    Released: November 15, 2017, 8:41 am
    Keywords: Announcements


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