Psychologists who serve Medicare beneficiaries are eligible (and sometimes required) to participate in the Merit-based Incentive Payment System (MIPS), one of two payment models within Medicare’s Quality Payment Program established to reward health care practitioners for the value and quality of services provided instead of the volume of patients seen.
If you’re required to participate in MIPS, now is the time to start preparing for MIPS reporting for 2022. Numerous changes make it more difficult to avoid penalties (negative payment adjustments) but increase the potential incentives.


