Conclusion of MIPS 2023 Performance Year

As we approach the conclusion of the MIPS 2023 performance year, it is essential to reflect on the structured timeline of QPP reporting. The MIPS program maintains consistent timelines and deadlines throughout its various stages, allowing participants to transition from one benchmark to another. The Centers for Medicare & Medicaid Services (CMS) provides regular updates on each phase, accessible through the QPP’s official website, ensuring all participants can prepare effectively.

MIPS 2023 Timeline Overview

Introduction to MIPS 2023 Reporting

To clarify any uncertainties, it is important to start with the initial phase of MIPS 2023 reporting. This phase commenced with CMS unveiling the 2023 Physician Fee Schedule (PFS) final policy.

Milestones in MIPS 2023 Reporting

  • November 2022 | PFS 2023 Final Policy
    In early November 2022, CMS released the final rulemaking policy for MIPS 2023 reporting. Prior to this, participants received a proposed rule, which serves as a preliminary outline of anticipated changes, allowing participants to adjust their strategies accordingly.
  • December 2022 | MIPS Eligibility Information Updates
    In late December, CMS provided updated eligibility information for MIPS participants, including initial eligibility for the 2023 performance year and final eligibility before the conclusion of the 2022 performance period. Participants can check their eligibility using their NPI in the Participation Status Tool.
  • January 1, 2023 | Beginning of Performance Year 2023
    The new performance year commenced on January 1, 2023, allowing eligible clinicians to collect their performance data until December 31, 2023.
  • April 3, 2023 | Registrations for CAHPS for the MIPS Survey and MVPs
    Participants wishing to conduct the CAHPS survey registered by June 30, 2023. Additionally, 2023 is the first year for MVPs reporting as a voluntary option, with registration closing on November 30, 2023.
  • Spring/Summer 2023 | MIPS Exception Application Window Open
    During this period, CMS accepted Exception applications from MIPS participants. Two options were available: Extreme and Uncontrollable Circumstances Exception and Hardship Exception to the PI Performance Category, with a deadline for applications set for January 2, 2024.
  • June 30, 2023 | CAHPS for MIPS Survey Deadline
    This date marked the final opportunity for CAHPS survey registration, which was coordinated with MVP registration requirements.
  • July 2023 | APM Eligibility Updated (Snapshot Date: March 31)
    MIPS APM participants received eligibility updates based on the snapshot taken on March 31. Participants must not achieve QP status to remain in MIPS.
  • October 2023 | APM Eligibility Updated (Snapshot Date: June 30)
    Another eligibility update for MIPS APM participants was provided based on the snapshot from June 30.
  • October 3, 2023 | Last Date for 90-Day Continuous Period
    This date marked the conclusion of the 90-day period for recording performance in the Promoting Interoperability and Improvement Activities categories for MIPS 2023 participants.
  • November 30, 2023 | MVPs Registration Closed
    The registration period for MVPs closed, concluding this phase of participation.

Remaining Steps in MIPS 2023

MIPS 2023 participants have achieved several milestones, and as we near the end of the 2023 performance period, preparations for 2024 are underway. Here are the remaining key dates:

  • December 2023 | Eligibility Information Updates
    Final eligibility updates will be provided to clinicians before the reporting phase for 2023 concludes, alongside updates for PY 2024.
  • December 31, 2023 | End of MIPS 2023 Performance Period
  • January 2, 2024 | Submission Window Opens
    The QPP Exception Application Window will close, and the submission window for the 2023 performance period will open, allowing participants to submit their reporting data to CMS.
  • March 2024 | APM Eligibility Updated (Snapshot Date: December 31)
    MIPS APM participants will receive their eligibility updates based on the December 31 snapshot.
  • April 1, 2024 | Submission Window Closes
    This date marks the closure for the submission window for the 2023 performance year.
  • Late Spring/Early Summer 2024 | Final Score Preview Period
    Participants will gain access to their final scores, which CMS will use to determine payment adjustments for 2025.
  • Late Summer 2024 | Performance Feedback & Payment Adjustment Info
    Performance feedback will be provided, helping clinicians identify areas for improvement for MIPS 2024.
  • January 1, 2025 | Payment Adjustment Year
    This marks the year when MIPS 2023 participants will receive payment adjustments based on their performance scores.

Final Thoughts

This overview encapsulates the key aspects of MIPS 2023 reporting. For those in need of assistance during any phase of MIPS reporting, our MIPS consulting services are available. As a qualified registry, we can support you throughout the documentation process. We hope this blog proves valuable for your MIPS journey. Please feel free to leave your questions in the comments section, and we will do our best to address them.