Can I take an automatic MIPS exemption in 2022?
CMS continues to offer an Extreme and Uncontrollable Circumstances Exception in 2022. In prior years, they provided an automatic exemption to all providers who didn't report. In 2022 the exemption is no longer automatic. Providers must demonstrate that they've been affected by extreme and uncontrollable circumstances that impact their MIPS performance categories.
We have been advising practices to consider that 2022 will be the best year in the history of MIPS to earn real money. With the exceptional bonus pool set to expire for 2023, and the expectation that 40-50% of all providers will be penalized, the pool of money available for positive payment adjustments is more significant. You should consider claiming your fair share.
Velocity MIPS Reporter uses AI to automatically analyze your data and score MIPS and ACR Quality measures. Our consultants will provide your practice with MACRA optimization sessions throughout the year. We will help your practice stay on track to optimize providers’ performance and maximize your Medicare payment adjustments.
Let Guidance Analytics:
Analyze your radiology practice's MIPS performance
Provide a financial projection of your 2022 payment adjustment