Under the new QPP program, all Medicare Part B clinicians are responsible to report various categories:
- Quality(old PQRS)
- Advancing Care(old EHR)
- Improvement Activities, and
- Cost(begins 2018)) as follows:
-All physicians must report, whether they are solo practitioners, or employed by another entity.
-Clinician must have more than $30,000 in Medicare allowed charges AND must provide care to more than 100 Medicare patients a year, or they are exempt,
-Clinicians include physicians, physician assistants, nurse practitioners, clinical nurse specialists, and certified registered nurse anesthetists.
-Newly enrolled physicians are exempt during their first year of practice.
Penalties will be assessed as follows:
Failure to properly report in 2017 will cause a 4% penalty in 2019.
Failure to properly report in 2018 will cause a 5% penalty in 2020.
Failure to properly report in 2019 will cause a 7% penalty in 2021.
Failure to properly report in 2020 will cause a 9% penalty in 2022.
Incentives are also available for the above years for successful reporting:
Successful reporting in 2017 may result in an incentive of up to 4% in 2019.
Successful reporting in 2018 may result in an incentive of up to 5% in 2020.
Successful reporting in 2019 may result in an incentive of up to 7% in 2021.
Successful reporting in 2020 may result in an incentive of up to 9% in 2022.
This information was provided by Bruno Stillo, CPA, MBA, Physiatry Billing Specialists,
800-835-4482,www.physiatrymedicalbilling.com, [email protected]