The Merit-based Incentive Payment System (MIPS) is a new approach to paying for Medicare Part B items and services in which clinicians may receive an increase or decrease in their payments based on their performance.
MIPS is made up of four categories: Quality (replaces PQRS), Improvement Activities, Advancing Care Information (ACI; replaces Meaningful Use), and Cost (Replaces the Value-Based Modifier). Your performance in 2018 in these four categories will generate a score that will determine payment adjustments in 2020.
Check your MIPS participation status online. Just enter your National Provider Identifier (NPI) to determine whether you're required to participate in 2018! Eligibility data is now available at the group and individual level, which will allow you to make strategic participation decisions.