MIPS is the latest buzzword in the health IT industry and participation can result in an additional 10% Medicare payment adjustment.  Here's why you need an EHR to participate...

3 Facts About MIPS (Merit-based Incentive Payment System)

  1. MIPS replaced the following programs as part of the MACRA rule in 2015: Medicare Electronic Health Record (EHR) Incentive program (Meaningful Use), Physician Quality Reporting System (PQRS) and Value-Based Payment Modifier (VBM)
  2. Under MIPS, there are four connected pillars that affect how you will be paid by Medicare – Quality, Clinical Practice Improvement Activities, Certified EHR Technology (referred to as “Advancing Care Information”) and Resource Use (referred to as “Cost”).
  3. Your participation (or lack thereof) in MIPS will affect the amount that you are paid by Medicare – You will either receive a positive, neutral, or negative adjustment percentage (non-participation) depending on how well you do.
why you need an EHR for MIPS

Don’t have a certified EHR?

A certified EHR is required for participation in MIPS for the Advancing Care Information category, as well as for clinical quality measure (CQM) reporting if you are seeking the electronic reporting bonus in the Quality category.  You will also have access to “Direct Secure Messaging” to exchange patient information with other physicians and patients.

STI's certified EHR, ChartMaker® Medical Suite, is designed to include a comprehensive MIPS Dashboard to monitor your progress throughout the reporting period and calculate your Total Composite MIPS Score. Our Quality Reporting Registry (STI MIPS PRO) even  provides hundreds of quality measures to choose from. Need step-by-step training? We also offer MIPS assistance to get you started! So, don’t delay, contact us today to learn more about MIPS participation with ChartMaker® Medical Suite and how we can help you earn a positive payment adjustment from Medicare.

resized - CMMS and MIPS checklist

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About Us

STI Computer Services, Inc. specializes in the development, sale, installation, and support of medical practice computer software. STI is the author of the ChartMaker Medical Suite an integrated Practice Management and Electronic Medical Record System for physicians. The product is available in client/server, cloud based, or Revenue Cycle Management options. STI also provides hardware, installation and managed services.

For more information, contact:

Sales@sticomputer.com

1-800-487-9135, ext. 1188