What is MIPS?

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  • MIPS stands for Merit-Based Incentive Payment System
    • The MIPS proposal would consolidate three Medicare quality programs: the Physician Quality Reporting System (PQRS); the Value-Based Modifier Program; and "Meaningful Use" of EHR.
    • Eligible clinicians include physicians, physician assistants, nurse practitioners, clinical nurse specialists, certified registered nurse anesthetists, and groups that include such clinicians.
    • CY 2017 would be the first performance period (to establish the base of the CY 2019 payments).
    • Payments will be based on a score related to performance on four categories: Quality, Advancing Care Information, Clinical Practice Improvement Activities, and Cost or Resource Use
    • For more information see: CMS PowerPoint slides
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