IntroductionAs the year draws to a close, it’s time to ensure your Merit-based Incentive Payment System (MIPS) reporting efforts are on track. Whether you’ve had a smooth year or faced challenges, this is the final opportunity to review your performance and optimize your submissions. A MIPS consultant can be a valuable ally during this crucial period, helping you navigate the complexities of MIPS reporting while maximizing your potential for success.
Here’s how to wrap up your MIPS reporting effectively and make the most of the final stretch.
1. Value Your Team's Efforts
Success in MIPS often depends on collaboration among your staff, from data collection to patient engagement. Now is a good time to assess how your team is supporting the program and identify areas for additional focus.
Tips for the Final Stretch:
Host a Team Check-In: Review your performance across all MIPS categories—Quality, Cost, Promoting Interoperability (PI), and Improvement Activities. A MIPS consultant can help identify areas where you may need improvement.
Celebrate Small Wins: Acknowledge milestones, such as completing Improvement Activities or reaching reporting thresholds for key measures.
2. Ensure Data Completeness with a MIPS Consultant
One of the most critical aspects of MIPS success is meeting the 75% data completeness requirement for Quality measures. This means reporting on at least 75% of all eligible patients for each measure you select.
Tips for the Final Stretch:
Double-Check Your Data: Review your performance data to confirm you’ve met the 75% reporting threshold. A MIPS consultant can perform a data audit to ensure accuracy.
Prioritize High-Impact Measures: If you’re behind, focus on measures where your practice performs strongest to maximize your points.
3. Explore Hardship Exemptions
CMS offers Extreme and Uncontrollable Circumstances (EUC) and Promoting Interoperability Hardship Exemptions for practices facing significant disruptions. If your practice experienced challenges such as an EHR transition or natural disaster, these exemptions can help protect your score.
Tips for the Final Stretch:
Review Your Eligibility: Check if your practice qualifies for a hardship exemption. A MIPS consultant can guide you through the application process.
Submit on Time: Ensure all exemption applications are submitted before the deadline.
4. Optimize Promoting Interoperability (PI) Performance
Promoting Interoperability requires practices to demonstrate meaningful use of certified EHR technology (CEHRT). With proper planning, the PI category can be an opportunity to boost your overall MIPS score.
Tips for the Final Stretch:
Verify CEHRT Compliance: Ensure your EHR meets CEHRT standards. A MIPS consultant can verify your system’s compatibility and help you achieve compliance.
Engage Patients: Encourage patient portal usage to meet patient access requirements and increase your PI score.
5. Plan and Execute with Precision
Effective planning is critical for a successful MIPS submission. With the deadline approaching, now is the time to finalize your reporting strategy and ensure everything is in order.
Tips for the Final Stretch:
Set Clear Deadlines: Avoid last-minute stress by submitting your data well before the official deadline. A MIPS consultant can help manage the process.
Choose the Right Submission Method: Confirm that your selected reporting mechanism (e.g., registry, eCQMs, or claims) is functioning smoothly.
6. Reflect and Prepare for Next Year
The conclusion of the performance year is an opportunity to evaluate your practice’s strengths and identify areas for improvement in 2025.
Tips for the Final Stretch:
Review CMS Feedback Reports: These reports provide valuable insights into your performance. A MIPS consultant can analyze this data and suggest actionable improvements.
Plan for MIPS Value Pathways (MVPs): If you’re transitioning to an MVP, begin planning your strategy for streamlined reporting in the upcoming year.
Partner with a MIPS Consultant for SuccessWrapping up your MIPS reporting doesn’t have to be overwhelming. With the help of a MIPS consultant, you can ensure accuracy, optimize your performance, and navigate exemptions or other complexities. Whether you’re confident in your performance or need a final push, now is the time to act.
Contact us today (803-305-2455) to learn how a MIPS consultant can help your practice finish strong and set the stage for success in the year ahead!
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