How Can We Help You With Your Performance Year Submission?
MIPS reporting and the CMS update indicates your practice could be at risk of facing a 9% penalty on your 2026 Medicare reimbursements if you do not report for the 2024 MIPS Performance Year.
Submitting for MIPS is no easy task. It requires recording, analyzing, and organizing comprehensive amounts of data points and meticulously checking for errors and gaps in your data. MIPS submissions are required for many types of clinicians, and not reporting could lead to a 9% payment decrease during the payment year.
The COVID-19 Extreme and Uncontrollable Circumstances Hardship Exemption has been eliminated for 2024, and without reporting, your practice could be exposed to significant financial loss. To avoid this penalty, we strongly encourage you to register for our MIPS Consulting and Submission Services or just Submission Only Services. Our experts can guide you through the process, ensuring you maximize your MIPS score and minimize any negative impact. At minimum, per provider, that would be $8,100. If you bill Medicare more than 90K, the revenue loss would be more.
To expedite your Performance Year Submission, contact our experts today!
Let Us Help
Let our MIPS/MVPs specialists decrease the submission burden:
- Avoid -9% penalty applied to any eligible provider that does NOT submit or scores lower than expected 75 points
- Achieve scores higher than those providers that do not
- Identify reporting opportunities throughout the 200 available measures while typical Electronic Health Records (EHRs) only report on 47 quality measures
- Reach a score to maximize financial incentives up to +9%
No clinician should have to go at this alone. Submitting with support optimizes your likelihood of a high final score resulting in a positive payment adjustment.
Our Experts are Your Partners
HCIS's Quality Program Specialists are certified, career healthcare professionals who understand the challenges of a busy practice. We guide eligible clinicians throughout all phases of MIPS reporting and submission process, from determining eligibility to submitting finalized data. We help you manage reporting for MIPS throughout the entire Performance Year (PY), and submission deadline of March 31st the following year.
The timeline of a MIPS submission from the beginning of the performance year to when the payment adjustment is received is illustrated below:
2024 Performance Year
Performance Year: January 1 to December 31. Clinicians care for patients and record data during the year.
2025 Data Submission
Submission window opens January 2, 2025. The deadline for submitting data is March 31, 2025. Clinicians are encouraged to submit data early.
PY 2024 Feedback
CMS provides preliminary performance feedback beginning April 1, 2025 and final feedback in August. Clinicians can request Targeted Review within 60 days of final feedback.
2026 Payment Adjustment
MIPS payment adjustments for PY 2024 are prospectively applied to each claim beginning 2026.
The Only Solution You Need
HCIS offers a unique solution which includes MIPS submission via the required Certified Registry. Our experts developed the portal with the clinician in mind. Our team will organize and manage the MIPS submission process for you from end to end. As a CMS Qualified Registry, your submission, measure management, live tracking, and outcomes are in one location.
When working with the HCIS team, you gain access to a variety of resources:
- Dedicated MIPS submission expert
- Online resources such as self-help tools, Frequently Asked Questions, educational webinars, blogs, and more
- Assistance within all performance categories (Quality, Cost, Improvement Activities, and Promoting Interoperability)
- Assistance in \the evaluation and selection from all clinical quality measures
- US-based helpdesk support – by phone & email
- Guidebooks, data entry guides, personalized feedback and more!
Ready to Get Started?
Schedule a FREE 15-minute consultation!
Choose a time that works for you and we will answer your questions about MIPS reporting requirements, eligibility and reporting requirements.
How Can I Participate?
You can register now to submit through our CMS qualified registry or engage with our MIPS advisors for support. For more detail on our services and pricing click here. Contact us below if you have additional questions.