Swift Billing Solutions assists you in compiling all the required documents and provides comprehensive MIPS consulting services to improve your financial health.
Clinicians report on MIPS quality measures like outcomes, safety, patient experience, and costs, which form the largest part of the MIPS score and have a weightage of 30%.
It rewards providers for using certified EHRs to improve care, data sharing, and patient access, with measures like e-prescribing, making up 25% of the MIP score.
The Improvement Activities (IA) category, 15% of the MIPS score, rewards clinicians for enhancing care through activities like engagement, coordination, and managing chronic conditions.
Medicare evaluates the cost of care through claims data, focusing on resource efficiency and ensuring high-quality outcomes without unnecessary spending. Its weightage is 30%.
Providers eligible for MIPS include physicians, physician assistants, nurse practitioners, clinical nurse specialists, and certified registered nurse anesthetists.
Providers must bill at least $90,000 in Medicare Part B charges to meet the MIPS 2025 billing threshold.
Providers must have cared for 200 or more Medicare patients to meet the MIPS reporting patient volume requirement.
Providers must perform 200 or more covered professional services under the Physician Fee Schedule to meet the MIPS services threshold.
Contact us for a consultation, to learn more about MIPS submissions, consulting services, and program incentives.
swiftblilling is a healthcare IT services provider aimed at empowering hospitals, group practices, and independent practices.