Healthcare Innovation Solutions (HCIS) invites you to learn about the Merit-Based Incentive Payment System (MIPS), a program by the Centers for Medicare and Medicaid Services (CMS) that reimburses eligible clinicians based on the quality of care they provide to patients. MIPS is a dynamic program consisting of four performance categories (Quality, Cost, Promoting Interoperability, Improvement Activities) in which the parameters change with each passing Performance Year (PY). In this video, Janelle Cosgrove, one of HCIS’s Quality Program Specialists, details the changes made by CMS for the 2024 Performance Year (PY24), and how it differs from PY23. This information is crucial, as these changes will have a direct impact on your final score as well as the payment adjustment you’ll receive in 2026. If you’re looking for the best opportunity at a high final score and positive payment adjustment, consider submitting for MIPS with HCIS!
