CMS announces Merit-Based Incentive Payment System changes and updates

On March 24, the Facilities for Medicare & Medicaid Companies (CMS) introduced that the deadline for Advantage-Primarily based Incentive Fee System (MIPS) submissions for the High quality Fee Program (QPP) has been prolonged by way of 8 p.m. EDT on Monday, April 14.

Clinicians and teams who’re eligible to choose in and want to report MIPS information should finalize their opt-in election by Monday, March 31, at 8 p.m. EDT. (Information should be submitted by April 14 at 8 p.m. EDT.)
Partial qualifying different fee mannequin (APM) individuals (QPs) who want to report MIPS information and obtain a MIPS fee adjustment should finalize their Partial QP election by March 31 at 8 p.m. EDT. (Information should be submitted by April 14 at 8 p.m. EDT.)

Moreover, in response to the nationwide IV fluid scarcity, the 2024 Excessive and Uncontrollable Circumstances (EUC) Exception utility will reopen Monday, March 31, at 10 a.m. EDT, and it’ll shut April 14 at 8 p.m. EDT. Solely functions citing the scarcity as the premise for requesting reweighting below the MIPS EUC Exception will likely be accepted. The AASM additionally encourages members who’ve been affected by the nationwide IV fluid scarcity to evaluation eligibility for the AASM Basis Catastrophe Aid Fund to doubtlessly apply for monetary help, if wanted.

The AASM encourages submission of information as early as potential prematurely of this prolonged deadline. Members could ship questions concerning High quality Fee Program submissions or the CMS Excessive and Uncontrollable Circumstances coverage to registry@aasm.org.