The Quality Payment Program imposes a 9% reduction to Medicare payments across the board for physicians who do not participate in the federal government’s initiative. There’s one easy method to avoid the penalty in 2022, if you did not keep track of your 2020 data – or your efforts weren’t comprehensive. The performance year (PY) 2020 Extreme and Uncontrollable Circumstances Exception Application deadline was extended, so you have time to apply now. You can request relief from one – or all – of the Quality Payment Program’s four categories. Should you change your mind and submit your 2020 data, your application will be ignored. Therefore, it is a no-brainer to apply, as it guarantees you’ll be relieved from next year’s penalty. Monday, February 1 is the last day to apply. Submit your application here: https://qpp.cms.gov/mips/exception-applications.
The contents of The Sentinel are intended for educational/informational purposes only and do not constitute legal advice. Policyholders are urged to consult with their personal attorney for legal advice, as specific legal requirements may vary from state to state and/or change over time.