As we move towards the end of the year, many practices and physicians are starting to consider the data they will need to submit under the MACRA/MIPS program. The MACRA/MIPS rules change slightly every year, and this year is no exception. Even though the rules have been adjusted, a basic requirement remains in place:
You will need to perform a HIPAA Security Risk Analysis in order to maximize your MIPS score and avoid negative Medicare payment adjustments.
Interested in a further explanation? See below:
Your 2018 MIPS score is divided into four categories:
Quality (50 Points)
Cost (10 Points)
Improvement Activities (15 points)
Promoting Interoperability (25 points)
Conclusion: Not performing an SRA gets a zero-base score, a zero-performance score and a very low overall Promoting Interoperability score. This represents 25% of your total MIPS score. Best practice would dictate that you have a Security Risk Analysis performed and dated in 2018. Of course, performing a Security Risk Analysis is always required for HIPAA compliance, regardless of whether a practice receives reimbursement from Medicare.
Does Your Practice Have Questions Regarding a Security Risk Assessment?
MedSafe is the nation's leading one-stop resource for outsourced safety and health compliance solutions in healthcare. If you have questions regarding a Security Risk Assessment for your medical practice, contact the experts at MedSafe for a free consultation.
Toll-free: (888) MED-SAFE