MIPSwizard is an easy to use online tool to help clinicians who are eligible to participate in the Merit-based Incentive Payment System (MIPS) program. Similar to online tax preparation software, MIPSwizard helps guide clinicians through a few easy steps to rapidly collect, validate and submit their results to the Centers for Medicare & Medicaid Services (CMS). MIPSwizard is a CMS-Qualified Registry for MIPS reporting, powered by Premier.
What is MIPS?
Passage of the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) resulted in implementation of the Quality Payment Program, a Medicare payment system designed to reward physicians for delivering high-quality, cost-effective care. The program is comprised of the following two participation tracks:
- Advanced Alternative Payment Models (APMs)
If you decide to participate in an Advanced APM through Medicare Part B, you may earn a 5% incentive payment for engaging in an innovative payment model and will not need to participate in MIPS. Since sleep clinicians can only participate in an Advanced APM if they are affiliated with a large academic institution or healthcare center, most will select the MIPS track. If you choose to participate in MIPS, you will earn a performance-based payment adjustment based on submission of evidence-based and specialty-specific quality data.
How does MIPS work?
Providers participating in MIPS will earn a performance-based adjustment by reporting
patient care data, as well as reporting how their practice used technology during the year. An eligible provider can report as an individual, group, large practice or virtual group. Your MIPS score is calculated using four weighted performance categories: Quality (45%), Improvement Activities (15%), Promoting Interoperability (25%) and Cost (15%). Each performance category has a maximum point value assigned to it, as well as a length of time over which data must be collected. MIPSwizard provides a platform for you to efficiently submit MIPS data to CMS, thereby helping you and your practice to make the most of your participation.
Who qualifies for MIPS?
Providers are eligible for the MIPS track if all of the following criteria are met:
- You bill more than $90,000 per year in Medicare Part B allowed charges
- You provide care to more than 200 Part B enrolled Medicare patients per year
- You provide more than 200 Medicare professional services
- You are one of the following:
- Certified registered nurse anesthetist
- Clinical nurse specialist
- Physical therapist
- Clinical psychologist
- Nurse practitioner
- Occupational therapist
- Physician assistant
- Qualified speech-language pathologist
- Qualified audiologist
- Registered dietitian or nutrition professional
Submit any 2019 MIPS performance category with MIPSwizard. The 2019 registry supports all measures and attestations for the Quality, Promoting Interoperability and Improvement Activities categories!
The MIPSwizard submission deadline is March 6, 2020, which is earlier than the CMS deadline of March 31, 2020. This will allow ALL reporting to be validated and submitted accurately and on time.
Once 2019 data has been submitted, review the changes to the MIPS program in 2020 to begin your 2020 data collection and measure selection process.
MIPSwizard (Quality Calculation + Promoting Interoperability Attestation + Improvement Activities Attestation): $325/per clinician per year.
Use the MIPSwizard measures selection guide to locate the measures which fit your practice.
Once you’ve reviewed potential measures, you will sign in or create your account. Registering 10 or more clinicians? Volume discounts are available!
MIPSwizard enables data entry through easy to follow chart review forms and data upload tools.
MIPSwizard validates your data entry and/or data upload in real-time. Once you complete your data entry, MIPSwizard calculates your annual performance rates before you finalize for submission to CMS.