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.
Start getting ready for 2020. Click on the links below for quick summaries of what's new (from January’s EyeNet, published online ahead of print).
Use these key MIPS resources:
- Make sure that you are signed up to use the IRIS Registry;
- bookmark aao.org/medicare, which is the Academy’s MIPS hub page; and
- watch out for EyeNet’s MIPS 2020: A Primer and Reference, which is being developed with support from Regeneron, and will be published online ahead of print.
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).
DISCLAIMER AND LIMITATION OF LIABILITY: Meeting regulatory requirements is a complicated process involving continually changing rules and the application of judgment to factual situations. The Academy does not guarantee or warrant that regulators and public or private payers will agree with the Academy’s information or recommendations. The Academy shall not be liable to you or any other party to any extent whatsoever for errors in, or omissions from, any such information provided by the Academy, its employees, agents, or representatives.
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