2022 MIPS: Preparing Your Practice for Reporting and Strategies to Improve Performance-Session Presentation

Video Transcription

Video Summary

In this video, the presenters discuss the MIPS reporting requirements for the upcoming year 2022. They explain the four performance categories of MIPS, which include quality, cost, promoting interoperability, and improvement activities. They discuss the changes in weightage for the categories in 2022, with cost increasing to 30% and quality decreasing to 30%. They also mention the data completeness threshold that requires reporting on at least 70% of patients for each measure. The presenters explain that the payment adjustments are based on a composite score of these categories, with penalties of up to -9% and bonuses of up to 1.88% for exceptional performers. They discuss the challenges for PM&R in finding relevant quality measures and highlight the COVID-19 flexibilities for reporting, including the extreme and uncontrollable circumstances exemption. The presenters also touch on the upcoming MIPS value pathways, which will provide a clinically cohesive set of measures and activities for reporting. They emphasize the importance of regularly revisiting reporting strategies and staying informed about changes in the program. The presenters provide resources for more information and encourage participants to reach out with any questions.

Keywords

MIPS reporting requirements

performance categories of MIPS

quality

cost

data completeness threshold

payment adjustments

challenges for PM&R

COVID-19 flexibilities

MIPS value pathways

revisiting reporting strategies