IMPORTANT CLARIFICATION TO 11/28/16 WEBINAR ON THE MEDICARE MERIT-BASED INCENTIVE PAYMENT SYSTEM (MIPS)

In 2017, MIPS eligible clinicians may avoid a penalty by selecting ONE of the following three options during calendar year 2017:

OPTION 1:     Perform and report on at least one (1) Quality Measure

OR

OPTION 2:     Perform and report on at least one (1) Improvement Activity

OR

OPTION 3:     Report on all five (5) Advancing Care Information Base Score Measures (requires adoption and meaningful use of an EHR)

As a result, psychiatrists who have not adopted an electronic health record will still be able to avoid a penalty in 2019 by reporting at least 1 quality measure or at least 1 improvement activity during calendar year 2017.  

Any psychiatrist who qualifies for the low volume threshold exclusion for 2017 will automatically avoid a penalty in 2019 and will not be required to participate in any MIPS reporting in 2017.