News Details

CECity, our vendor for PQRSwizard (an online reporting tool which allows for individual EPs to report their PQRS data), is hosting several informational webinars in the coming weeks: 

• Your PQRS and Value Modifier Financial Risk: Satisfy Requirements and Avoid Penalty with Registry Reporting (January 11 at 4 pm ET)
• Individual Measures – An overview of 2016 registry requirements for Eligible Professionals and GPRO Practices (January 20 at 1 pm ET)
• PQRSwizard Data Entry Options: A Walkthrough of the Data Upload Process(January 24 at 11:30 am ET)

​Physicians must successfully participate in PQRS in 2016 to avoid up to an 8-10% penalty in 2018. The Physician Quality Reporting System (PQRS) is a Centers for Medicare & Medicaid Services (CMS)-mandated quality reporting program that gives eligible professionals (EPs) incentives and negative payment adjustments to promote reporting of quality information.

• Physicians who successfully participate in PQRS will avoid a penalty in 2018.
• Physicians who choose not to participate in 2016 will be subject to a 2% penalty on all their 2018 Medicare Part B, Medicare as a Secondary Payer, and Railroad Medicare allowables.
• Non-PQRS reporters will also experience an additional penalty under the Value-Based Payment Modifier Program, potentially an additional 2-4% penalty. 

Important PQRS Dates:

• February 24, 2017: Last day that 2016 claims will be processed to be counted for PQRS reporting to determine the 2018 payment adjustment. 
• February 28, 2017
  • Last day to submit 2016 clinical quality measures (CQMs) for dual participation in PQRS and the Medicare Electronic Health Record (EHR) Incentive Program.
  • Last day for qualified clinical data registries (QCDRs) and EHRs to submit 2016 data.