MIPS—What’s New in 2020 for Ophthalmology
CMS announces some changes. In November 2019, CMS announced some changes to the Merit-Based Incentive Payment System (MIPS) for the 2020 performance year—with a few changes retroactive to 2019.
Why MIPS matters? If you don’t participate in MIPS in 2020, your 2022 Medicare Part B payments may be subject to a –9% penalty.
What's new this year? For a high-level summary of changes, see the 2019 vs. 2020 comparison chart. Also click on the links below for further details (from January’s EyeNet, published online ahead of print) and read MIPS 2020: A Primer and Reference.
Use these key MIPS resources:
AAOE members also can use the E-Talk listserv to crowdsource answers to their MIPS questions.
Stay tuned! This article reflects the Academy’s understanding of the regulations at time of press, but CMS policies can change. For MIPS updates, visit the web resources listed above, and check your email for Medicare Physician Payment Update (first Saturday of each month), Washington Report Express (Thursdays), and—if you are an AAOE member—Practice Management Express (Sundays).
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