MACRA-MIPS

Join IPClinical to understand the MACRA-MIPS Program and identify how your practice can effectively deliver healthcare to earn incentives.

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What is MACRA?

The Medicare Access and CHIP Reauthorization Act (MACRA) was signed on April 16, 2015 and replaces the current Medicare reimbursement schedule and ends the Sustainable Growth Rate formula with a new pay-for-performance program focusing on quality, value, and accountability replacing the previous fee-for-service model.

MACRA replaced the Physician Quality Reporting System (PQRS), Value-based Payment Modifier (VBM), and the Medicare Electronic Health Record (EHR) incentive program and tries to simplify them into one new Quality Payment Program (QPP) with two paths: The Merit-based Incentive Payment System (MIPS) and Advanced Alternative Payment Models (APMs).

What is MIPS?

Under MIPS, clinicians are included if they are an eligible clinician type (EC/EP) and meet the low volume threshold (LVT), which is based on allowed charges for covered professional services under the Medicare Physician Fee Schedule (PFS) and the number of Medicare Part B patients who are furnished covered professional services under the Medicare Physician Fee Schedule.

Performance is measured through the data clinicians report in four categories

40%

Quality

25%

Promoting Interoperability

20%

Cost

15%

Improvement Activities

How IPClinical can make MIPS Reporting easy!

IPClinical provides complete guidance to help customers meet complex MACRA/MIPS requirement
Verify Provider/Practice Eligibility and advice accordingly about reporting options
Select best suitable measures/activities based on Eligible Clinician/Group specialty
Optimize workflow by appropriate set-up of measures and activities
Take care of Promoting Interoperability being ONC Certified Health IT
Training in use of dashboards and Clinical Quality Worksheets
Quarterly reports to specify correct reporting pace of EC/Group
Makes all type of submissions of MIPS data to CMS

Key Features

Minimize frustration and maximize efficiency and profitability with this cloud-based solution for value-based healthcare. Professional EHR's intuitive design mimics practice workflow, while its simple navigation mirrors a physician's thinking process.