PQRS - MIPS 2017

Though PQRS have suffered one of the biggest criticisms from providers, it's still in effect before MIPS rolls out in action in 2017. For now, physicians and other healthcare providers are subject to a Medicare payment reduction of up to 6% if they fail to participate in the Physician Quality Reporting System (PQRS). A 2% penalty comes from the PQRS program itself and a second program called Value Based Modifier (VBM) uses the quality data to determine whether your practice will receive a 2-4% cut or a potentially large increase in Medicare payments.

Some practices earned a 32% increase in 2016 based on their quality data from 2014. Some will see a significant decrease or increase in their payments in 2018 based on their quality data in 2016. Do you know that even if you haven't been collecting quality data all year, there are still opportunities to successfully participate in PQRS for 2016 and avoid payment cuts in 2018?

For more details call HPP Management Corp:

305-227-2383    or  Marcos Silverio at 813-369-8169