The deadline to submit your 2022 Quality Payment Program data is March 3, 2023, at 8 pm EST.
If you are required to participate in the Quality Payment Program (QPP) based on your volume of Medicare payments or patients, submit your data for 2022. For medical practices that do not have sufficient data to submit for its flagship program, the Merit-based Incentive Payment System (MIPS) – or your data will fall short of the minimum reporting threshold, don’t despair. The federal government just announced an extension of the hardship exception application. If COVID disrupted your practice in 2022, you can opt out of the program (and its daunting 9% penalty, applied to all Medicare reimbursement in 2024) altogether. No proof of disruption is required, and the application takes only minutes. The deadline is March 3, 2023, at 8 pm EST. Note that if any data is submitted, it will override your Exemption qualification. Find the application – and more information – here.
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.