Are Higher 2022 MIPS Penalties Good News?
By Gary GerberJune 14, 2022
Prior to 2022, CMS has **never penalized more than
3%** of all providers. The rules have changed this year.
CMS is required to penalize everyone with below-
average scores. This means that nearly **50% of all
providers will pay** into the penalty pool.
Average scores will get tougher to achieve in 2022. The
first five years of MACRA were structured to be easy.
Many of those elements go away this year. Bonus points
on Quality have been eliminated, benchmarks get
tougher, and penalty threshold are higher.
The good news is that the penalty pool is used to fund
the payment pool. Radiologists who score above the
penalty threshold can earn up to a 9% positive payment
adjustment and benefit from the bonus pool. In 2022,
there is real money on the table for higher performing
radiologists. However, most practices will need
assistance to achieve higher MIPS scores.
Velocity MIPS Reporter uses AI to automatically analyze
your data and determine MIPS scores. Our consultants
host regular MACRA optimization sessions during the
year to help your practice stay on track to optimize
providers’ performance and maximize your Medicare
payment adjustments.