It Is Not Too Late – “Test” Your Data to Avoid a Negative 4% Payment Adjustment to Medicare Part B Claims in 2019
The initial performance period for the Medicare Access and CHIP Reauthorization Act (MACRA) began on January 1, but it is not too late to avoid a negative payment adjustment in 2019.
If your practice chose not to submit full or partial data before the October 2 cutoff date, you can still submit data for one quality measure, OR one improvement activity, OR the four required ACI measures and avoid the 4% negative payment penalty in 2019.
Reporting as little as one measure for one patient in the quality category of the Merit-Based Incentive Payment System (MIPS) by Sunday, December 31, will position you better for future value-based payments. Failure to report any data in 2017 will result in a negative 4% payment adjustment to Medicare Part B claims in 2019.