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- Surviving Future Payment cuts—Hear Advice from Dr. Diana Cardona
Pathologists are likely to continue facing risks of professional fee payment cuts and value-based payment programs like the CMS’ Quality Payment Program are here to stay. By now you are likely wondering “Is there something I can be doing to lessen the impact of these cuts?”
The answer is yes—develop a longer-term strategy. It may be tempting to request a MIPS hardship exemption in 2021 to avoid reporting, but for those looking for a more sustainable solution, using the Merit-based Incentive Payment System (MIPS) as part of your strategy may, in reality, help offset other payment cuts in the future.
Listen as Diana Cardona, MD, FCAP, Vice Chair, Economic Affairs Committee and Chair of the Measures and Performance Assessment Subcommittee explains while hardship exceptions may seem welcome, accepting an exemption this year, results in a neutral payment adjustment in 2023, and that may not be in your practice’s best interest.