Avoid up to 9% Penalty for MIPS 2021 with P3Care

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P3Care is a medical billing company that is serving since 2015. However, what makes it more special is it also works as a MIPS Qualified Registry that assists eligible clinicians with the reporting of Merit-based Incentive Payment System (MIPS). 

Know About MIPS

The program aims to target quality care services rather than focusing on volume and measures performance via four performance categories – Quality, Promoting Interoperability (PI), Improvement Activities (IA), and cost. 

Being an incentive payment program, MIPS data submission requires scrupulous compliance of rules that allow clinicians to earn up to 5% incentives. In an unfortunate case, clinicians have to bear up to a 9% penalty that can impact their financial liberty to a great extent.

Avail the Chance to Target Up to 5% incentives 

Being professional MIPS consultants, we keep an eye on all the MIPS requirements that change each year. Meeting all those requirements can be tough as the high score lies in the details of the chosen MIPS Quality Measures. 

That is why, with years of experience, we focus all our energies on getting clinicians the rightly deserved incentives. We dedicate specialized consultants to each client for a nonchalant and smooth reporting journey. 

This lengthy process is repeatedly reviewed to avoid errors. Realistically speaking, our success secret lies in selecting the specialty-specific measures that display the best performance. In short, clinicians are free from troublesome reporting and can receive positive payment adjustments without even stressing a bit. 

MIPS 2021 Is Different from Previous Years!

2021 is a different year as it comes with the effects of the coronavirus along with the circumstances where we are slowly moving towards normalcy. 

Truth be told, MIPS 2021 has been the toughest year as the performance threshold has increased to 60 points. In 2020, clinicians could easily pass the penalty threshold by securing just 45 points. 

It means this year clinicians cannot avoid penalties on Medicare reimbursements merely via mediocre performance. If they want to target up to 5% of MIPS incentives, they have to deliver outstanding healthcare performance.  

Submit Data that Gets You High MIPS Score

We understand MIPS reporting is a financial obligation that clinicians cannot miss. It is an opportunity that can help compensate for all the accounts receivable incurred while the peak-pandemic period. In such a case, a registry like P3Care comes forward with all its experience and expertise for effective reporting management. 

All you have to do is connect with us through the website, email, or phone. Or, leave us a message on any of our social media platforms, and our representative will get back to you at the earliest

We do not ask for much information but only the provider's NPI, name, the available time for the meeting, and contact information to get started. 

Trust the Recognized MIPS Consultants for Quality Reporting 

P3 is your trusted MIPS Qualified Registry in this regard, which has been helping clients in the hands of hectic administrative load.

Whether you're a general physician or a specialist, we can help you work out incentives. We check your eligibility status on your behalf and work alongside you to report data timely to CMS. 

The reward is huge when you offer value to patients by going an extra length. Thus, we ensure that we display your most accurate information and help you qualify for the incentives and bonus pool of $500 million pool. 

Meet all MIPS Performance Requirements with P3Care

We are pleased to announce that we are part of the MIPS Qualified Registries in 2021. This title has been with us for five years now, and with each passing year, we strive to deliver better quality services aligned with physicians’ goals. 

We only have four months left until the MIPS 2021 reporting period starts. Clinicians still have time. So, if you have any issue regarding its reporting or data documentation, connect with us to leverage the administrative expertise. 

 About the Company 

P3 Healthcare Solutions – Medical billing Company and a Qualified Registry, has been recognized by the CMS as a renowned Health Information Technology (HIT) consultant. We stabilize revenue cycle management of medical practices through proactive clean claim compilation. 

Additionally, we are HIPAA-compliance and auditing experts that seamlessly take you through all incentive payment programs.

For MIPS consultation, please visit our website, www.P3Care.com, give us a call at 909-245-8350, or follow us on LinkedIn https://www.linkedin.com/company/p3-healthcare-solutions/ for more details

Comments

  1. "What strategies has P3Care implemented to help medical practices avoid up to a 9% penalty for MIPS 2021?"

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  2. P3Care has implemented strategies such as comprehensive data analysis, quality measure optimization, performance monitoring, and personalized guidance to help medical practices avoid up to a 9% penalty for MIPS 2021.

    ReplyDelete

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