The American Medical Association has expanded its offerings to help prepare clinicians for the Merit-based Incentive Payment System, including an interactive tool called the "MIPS Action Plan," which leads physicians through the necessary steps to avoid penalties and helps chart performance.
MIPS is one of the two tracks within the Quality Payment Program, which was created under the Medicare Access and CHIP Reauthorization Act. Surveys have shown most physicians are not ready to participate in MIPS, nor do they have a working knowledge of the steps they need to take to avoid payment penalties, according to the AMA.
"The lack of preparedness for these important Medicare changes is particularly acute for physicians in smaller practices," AMA President David Barbe, MD, said in a statement. "The AMA has achieved notable regulatory victories that have streamlined the reporting required in 2017, and we strongly encourage physicians to take a few important steps so they aren't penalized by CMS."
The MIPS Action Plan can be found here and other AMA resources for MACRA are available here.
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