The 2019 MIPS Reporting Year (aka “MIPS Program Year 3”) maintains many of the key features outlined within the first two program years with a few added features designed to streamline usage and encourage participation in the program. 2019 MIPS, runs from January 1st, 2019 through December 31st 2019 with a submission window of January 1st 2020 through March 31st 2020 and a payment adjustment impact occurring in 2021. The diagram above depicts the MIPS category scoring changes in 2019.
To summarize the MIPS Category scoring adjustments in 2019:
- The Quality category drops from 50% of a provider or practice’s Composite Performance Score (CPS) to 45% of their score in 2019 (special statuses may alter category weightings).
- The Improvement Activities (IA) category remains the same at 15% of a provider or practice’s CPS in 2019.
- The Promoting Interoperability (PI) category remains the same at 25% of a provider or practice’s CPS in 2019.
- The Cost category, will encompass 15% of a provider or practice’s CPS in 2019.
The payment impact from the 2019 MIPS reporting year also jumps from 5% to 7% of a provider or practice’s Medicare revenue with further increases in future reporting years. This leads to greater emphasis on reporting under all MIPS categories to optimize your CPS and achieve higher reimbursements under the program. Practices that work with experienced MIPS vendors like ReportingMD with complete reporting, optimization, and submission capabilities are in the best situation for success under the 2019 MIPS reporting year.
Contact us to learn more about the 2019 MIPS scoring details and how ReportingMD can best service your practice.