2017 is the first performance year. It determines the percentage of increase, or penalty, in payment adjustments for 2019. The percentage is capped at +/-4%. During 2017 you can pick your MIPS participation pace. The choice is yours. You can choose to:
- Not participate
- Test Pace
- Partial Year
- Fully Participate
Let’s take a look at each of those options:
2017 is just the beginning. You have the flexibility to ease yourself into the MACRA and MIPS requirements now. Take advantage of the Transition Year to get your reporting where it needs to be. In future performance years, that flexibility goes away. You may also refer to our recent blog post on Picking Your Pace with MIPS.