January 07, 2020
The Centers for Medicare and Medicaid Services (CMS) released the final 2018 Quality Payment Program (QPP) performance results for the Merit-based Incentive Payment System (MIPS) which impacts 2020 payments. The findings are summarized in a blog post and an infographic. In late 2019, CMS released preliminary 2018 data.
The maximum positive MIPS payment adjustment a clinician will receive in 2020 is 1.68%, compared to the statutory maximum of 5%. MIPS is a budget neutral program. High participation rates in 2018 combination with a high percentage of clinicians avoiding a negative adjustment requires that the distribution of positive payment adjustments are spread across many people. This results in a lower overall positive payment adjustment.
Some other key findings for the 2018 performance year are:
Additional information about the QPP can be found on the QPP webpage.