For this reason, we find it wise to play by the rules - and recruit the help of experts who can help you not only break even, but also earn some bonuses for a job well done. However, with every passing year, the penalties for not participating in MIPS increase, which only adds to the burden on your practice. Long-term care practitioners have a complicated relationship with this program because the metrics by which it measures success aren’t always fitting for physicians providing care for patients approaching the end of life. Yes, we’re talking about the Merit-based Incentive Payment System (MIPS) from the Centers for Medicare and Medicaid Services (CMS). With that said, you still have the opportunity to close out the year on a high note. We understand that 2020 has already put your practice through the wringer in a multitude of ways.
Absolutely - and here’s our best advice for doing so.
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