January 6, 2017

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.