MIPS APMs and MACRA Small Practice Support – MACRA Monday

Posted on February 13, 2017 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

This post is part of the MACRA Monday series of blog posts where we dive into the details of the MACRA Quality Payment Program.

As we mentioned previously, there are some benefits to practices that are participating in an APM, but don’t qualify as an advanced APM. These practices can’t participate in the APM program and they need to participate in the MIPS program or they’ll get the 4% penalty for not participating in MIPS. The good news is that there is a benefit to taking part in what is called a MIPS APM (ie. an APM that doesn’t qualify as an advanced APM).

Here’s the list of MIPS benefits for being in a MIPS APM:

MACRA also has a number of opportunities available to small practices. The first example is that many small practices were excluded from participating in MACRA because of their size. Second, the program itself made MACRA easier with Pick Your Pace and they also created more access to advanced APMs. Finally, they created what they call the Transforming Clinical Practice Initiative.

The Transforming Clinical Practice Initiative seems quite similar to the REC program under meaningful use. This program is a network of support for those participating in MACRA and MIPS. You can see a full interactive chart that shows a view of the various support centers around the country for more details on what’s available in your area.

That’s all for this edition of MACRA Monday. Next week we’ll finish off our overview of MACRA Monday and discuss what we think is the right strategy when it comes to MACRA.

Be sure to check out all of our MACRA Monday blog posts where we dive into the details of the MACRA Quality Payment Program.