MIPS 2020 reporting ends with this performance year – in the next few months. In short, we have a very limited time to implement data-driven strategies and make the most out of MIPS.
However, the performance period spans over the whole year, thus this checklist is good to remember the deadlines. Moreover, it will help you prioritize the critical tasks for successful and timely MIPS data submission to CMS.
January to March 2020
This period is all about preparation.
Step 1: Set up the Reporting Strategy
Every year, the MIPS performance threshold increases. This year the minimum threshold to reach a safe place is 45 points, which was 30 points last year. Therefore, the early clinicians set up their MIPS 2020 reporting strategy, the better it is to improvise and perform.
On the whole, as a MIPS Qualified Registry for four years, we encourage our clients to start early, research, and finalize the Quality measures and Improvement Activities (IAs).
Step 2: Check the Eligibility Status
According to the CMS (Centers for Medicare and Medicaid Services), if a clinician meets the following criteria, they are eligible to report for MIPS 2020.
- Checks more than 200 Medicare Part B beneficiaries
- Has more than $90,000 in allowed charges
- Provides 200 or more professional healthcare services to Part B patients
Step 3: Determine the Data Submission Type
Clinicians must determine whether they want to report individually or in a group.
As an individual clinician, you must have a National Provider Identifier (NPI)/ Tax ID Number (TIN).
Whereas a group reports a single report for the same TIN.
Step 4: Identify the MIPS 2020 Reporting Method
Clinicians can choose to report via the following methods.
- Electronic Medical Record
- Qualified Registry
- Qualified Clinical Data Registry
- Medicare Part B Claims
Note: Medicare Part B claims submission is only applicable for individual physicians or physicians who are part of a small group as approved by CMS.
Step 5: Understand the Reporting Requirements for All Performance Categories
Whether you want to report in a group or as an individual, it is not the right practice to wait until the end of the year.
April to September 2020
It is the time to review and segment data as per the MIPS performance categories.
Check if your data (especially the MIPS Quality measures) are aligned with the end-objectives.
Furthermore, check the Improvement Activities (IA) and keep track of the Promoting Interoperability (PI) measures.
Note: Ensure proper documentation as proof of your services and for potential audits. P3Care.com ensures the authenticity of the MIPS submission process with an accurate documentation process and strategizes to prevent potential mishaps.
October to November 2020
This time is important to review and rectify possible errors.
Subsequently, review every aspect of the reporting requirement to see if there are any errors.
If you haven’t started yet, don’t worry. Our team is here to assist you with accurate submission while satisfying the healthcare MIPS criteria. Contact now.
January – March 31st, 2020
This is the MIPS 2020 reporting period.
Review your data and submit it accurately via MIPS Qualified Registry for payment adjustments in 2022.
We are sure this checklist will help you steer the MIPS 2020 reporting journey right on track. For more help, visit our website www.qppmips.com.