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MIPS 2024: How to Prepare Your Practice and Avoid Payment Penalties

Published Date

Jayne Engelking, CMHP, CHLM Senior Manager, Business Services, ModMed®

PRESENTER

Jayne Engelking, CMHP, CHLM
Senior Manager, Business Services, ModMed

This webinar was recorded April 30, 2024.

Although the Centers for Medicare & Medicaid Services (CMS) made changes to their Merit-based Incentive Payment System (MIPS) at the beginning of this year, there’s still time for you to set yourself up to get the most value out of your 2024 performance. For example, do you know if you’ll be eligible for a positive payment adjustment on your Medicare reimbursement payments in 2026? Or could you be penalized up to -9%?

In this recorded webinar, we walk through what changed this year, discuss your reporting options, and explore ways you can help your practice prepare to report MIPS successfully.

YOU WILL LEARN:

  • What’s new with MIPS in 2024
  • If you’re eligible to report an MVP this year
  • All your available options for reporting MIPS
  • How to avoid a negative payment adjustment
  • Important deadlines to be aware of throughout the year