MIPS Consulting & Process Enhancement for Eye Care
MIPS Consulting & Process Enhancement services assist medical practices in optimizing workflows, reporting measures, monitoring performance, and submitting data to maximize MIPS incentives and avoid penalties. CodexIT is well-versed in evolving MIPS regulations and can provide customized guidance for different specialties and EHR systems. Key services include strategic planning, measure selection, data validation, registry reporting, and audit support. Leading providers like CodexIT can be invaluable partners for practices new to MIPS requirements or seeking to improve their scores. Our specialized knowledge and resources can help streamline compliance, improve outcomes, and enable practices to succeed within the MIPS pay-for-performance model.
What is MIPS?
The Merit-based Incentive Payment System (MIPS) is a value-based program implemented by the Centers for Medicare and Medicaid Services that adjusts Medicare reimbursement rates based on performance. MIPS aims to incentivize quality and value in healthcare delivery by assessing MIPS eligible clinicians on four weighted performance categories: quality, cost, improvement activities, and promoting interoperability. Scores in each category contribute to an overall MIPS final score that determines whether providers receive positive, negative, or neutral payment adjustments.
How to Choose a MIPS Consultant for your Eye Care Practice
When considering hiring a MIPS consultant, it’s useful to ask yourself the following questions as a self evaluation, and then match your answers to the consultant and what they can provide:
- How do you currently keep up with the latest changes and updates in the MIPS program and CMS regulations?
- How do you assess the current performance and readiness of your practice for MIPS reporting?
- How do you communicate and collaborate internally throughout the MIPS reporting process?
- How does your practice ensure the accuracy, completeness, and timeliness of the data submission to CMS?
- How does your practice handle audits, data validation, and registry reporting?
CodexIT can assist with all of these, and help eye care practices optimize their MIPS score and maximize their incentives. Call us today for a free consultation.