MIPS: Merit-based Incentive Payment System
A myCatalyst Platform
Meet Our MIPS Platform
myCatalyst is a CMS Qualified Registry with a comprehensive, easy-to-use reporting platform that allows you to estimate, optimize, and submit MIPS data to CMS. The intuitive, flexible software and support services provide everything users need to optimize MIPS Medicare payment adjustments and easily avoid MIPS Medicare pay cuts. Fast and simple.
We were one of the first PQRS Registries, and we continue those services with our MIPS platform and services.
myCatalyst is a Qualified Registry (QR) for the QPP Merit-based Incentive Payment System (MIPS) for 2019. One of several available participation methods for MIPS, a QR is a CMS-approved entity that collects medical and/or clinical data for the purpose of improving the quality of patient care.
Performance in MIPS is measured through the data clinicians report in four areas that have different “weights” and are added together to give you a MIPS final score.
Benefits of using myCatalyst for MIPS
On-going Support. The myCatalyst team is available to give you direct assistance with compiling and submitting MIPS Quality data. Comprehensive, easy-to-use. Our reporting platform that allows providers estimate, optimize, and submit MIPS data to CMS. The intuitive, flexible software and support services provide everything users need to optimize MIPS Medicare payment adjustments and easily avoid MIPS Medicare pay cuts. Fast and simple.
The myCatalyst MIPS portal gives clinicians control over their MIPS data collection and reporting process. Specifically, it helps clinicians with:
- Collecting Data: Users can report on all four MIPS Categories (Quality, Cost, Improvement Activities, and Promoting Interoperability) through our portal.
- Monitoring Performance: Throughout the year clinicians can get a snapshot of their official performance-to-date, by reporting Taxpayer Identification Number (TIN), to identify potential gaps and opportunities.
- Individual and Group Reporting to CMS: Clinicians can use their MIPS performance data to identify and select those measures best representing their individual or group practice. myCatalyst will then submit the selected measures and activities to CMS before the performance year reporting deadline .
Your Questions Answered
What is MIPS?
MIPS combines three legacy programs—Medicare Electronic Health Record (EHR) Incentive Program for Eligible Professionals, Physician Quality Reporting System (PQRS), and the Value-Based Payment Modifier—into a single, improved program.
What is the Quality Payment Program (QPP)?
The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) ended the Sustainable Growth Rate (SGR) formula, which would have resulted in a significant cut to payment rates for clinicians participating in Medicare. By law, MACRA requires CMS to implement an incentive program, referred to as the Quality Payment Program, which provides two participation tracks for clinicians and MIPS is one of those tracks.
How Do I Check If I am Eligible to Participate in MIPS?
To check if you’re eligible to participate in MIPS in 2019, enter your 10-digit National Provider Identifier in the Quality Payment Program Participation Status Tool on the Quality Payment Program website.
What is the MIPS Performance Period for 2019?
The 2019 MIPS performance period is from January 1, 2019 to December 31, 2019. For the Cost and Quality performance categories, data is collected for the full year. For the Improvement Activities and Promoting Interoperability performance categories, data is collected for at least a continuous 90-day period. If you submit 2019 data for MIPS by March 31, 2020, you’ll receive a positive, negative, or neutral payment adjustment in 2021, which will be based on your MIPS final score.