logo
How Did Radiology Practices Perform in the 2023 MIPS Final Results?

Coding

How Did Radiology Practices Perform in the 2023 MIPS Final Results?

Practices that reported under the Merit-based Incentive Payment System (MIPS) of the Quality Payment Program (QPP) for 2023 can now get their performance score and find out how it will impact their Medicare reimbursement in 2025. The first step is to sign in to the QPP website to get your own practice's results and review it for any discrepancies. The Centers for Medicare and Medicaid Services (CMS) has released the 2023 MIPS Performance Feedback FAQs as a guide to learning more about your practice's performance.

 

The maximum upward adjustment for practices with a perfect score of 100 points on their 2023 performance is currently expected to be 2.15%. That figure could change with a final reconciliation after all reviews have been completed. The payment threshold for 2023 was 75 points; practices that scored more than the threshold will receive a positive adjustment up to the maximum, while practices that scored below the threshold will see their Medicare payments reduced by up to 9% in 2025.

 

This table shows the history of MIPS positive adjustments:

 

Performance Year

Payment Year

Maximum Upward Adjustment

2017

2019

1.88%

2018

2020

1.68%

2019

2021

1.79%

2020

2022

1.87%

2021

2023

2.34%

2022

2024

8.25%

2023

2025

2.15%

 

The budget-neutral design of the QPP is such that positive adjustments are greater when there are large negative adjustments. As the criteria for obtaining a positive adjustment become increasingly difficult to meet, more radiology practices could fall into the negative adjustment category, allowing non-radiology specialties to be rewarded with a higher positive adjustment.

 

The 2022 result was a much higher adjustment than it had been in any of the preceding years, and higher than the 2023 maximum. The 8.25% adjustment included 6% from the Exceptional Performance Bonus and 2.25% from the Base Adjustment. 2022 was the final year that the Exceptional Performance Bonus was available. Part of the reason for the 2022 bump could be that in the earlier years, there were fewer practices facing a negative adjustment, with the result that positive adjustments were reduced through budget neutrality; it was once far easier to avoid the penalty. Additionally, during the 2020 and 2021 public health emergency years, many practices were able to qualify for a hardship exception, further reducing the amount of negative adjustment and therefore limiting the amount of upward adjustment. For 2023, scoring largely returned to normal with fewer hardship exceptions being applied for.

 

Some practices might continue to be impacted by a Cost Performance category score, which started to become a more common factor for radiology practices in the 2022 performance year. While many radiologists will not have any score for Cost, those that perform a significant amount of Evaluation and Management (E/M) services could trigger scoring in this category. Practices that feel they have been negatively impacted by the Cost category or any other aspect of the MIPS scoring process may request a Targeted Review. The request for a Targeted Review must be filed by October 11, 2024, for the 2023 performance year, which is 60 days after the payment adjustments were announced. Detailed information is available by downloading the MIPS 2023 Targeted Review Guide .

 

Practices should access their scores as soon as possible and review the results carefully. Any questions about possible errors should be resolved by filing for a Targeted Review. The payment adjustment based on the 2023 performance scores will be applied to Medicare payments in 2025.

 

Erin Stephens, CPC, CIRCC, is Sr. Client Manager of Education at Healthcare Administrative Partners.

www.hapusa.com

 

Coding Changes That Will Impact Radiology Practices in 2024

Coding

Coding Changes That Will Impact Radiology Practices in 2024:The annual update to the Current Procedural Terminology (CPT)® for 2024 has 230 new codes, 70 revised codes, and 49 deleted codes. In addition, there are 395 new diagnosis codes contained in the ICD-10-CM update, about one-third of them describing new ways to capture accidents and injuries. Although relatively few of these changes will impact radiology practices, it's essential to know what they are and adjust your practice systems accordingly.
Radiology Practices Struggle to Avoid Penalties in the Medicare Quality Payment Program

Coding

Radiology Practices Struggle to Avoid Penalties in the Medicare Quality Payment Program:For many radiology practices, the idea of a positive payment adjustment for participation in the Medicare Quality Payment Program (QPP) has been lost.  Several factors have combined over the past few years to change the goal for radiology practices - it is now "penalty avoidance" rather than a reward for reporting quality metrics.  As outlined in Healthcare Administrative Partners' recent review of the Medicare 2024 Physician Fee Schedule Proposed Rule, the QPP requirements for successful participation are going to become even stricter.
Maximize Duplex Doppler Ultrasound Documentation and Reimbursement

Auditing

Maximize Duplex Doppler Ultrasound Documentation and Reimbursement:Complete documentation of any radiology procedure is the key to appropriate reimbursement.  This is especially true for venous duplex Doppler ultrasound exams, where including fewer than the required number of elements for a complete procedure will result in reimbursement for a limited study.  

Erin Stephens, CPC, CIRCC

Erin Stephens, CPC, CIRCC


Sr. Client Manager, Education at Healthcare Administrative Partners (HAP)


 

Total articles published on BC Advantage 4

Editorial Ad

Ad pdf ad here