IHANY Newsletter – November 2022
MIPS 2023 Payment Adjustment Update
IHANY scored 100 out of a possible 100 on our 2021 Merit-Based Incentive Payment
System (MIPS) score. As a result of achieving this high score, eligible IHANY physicians
will receive an estimated (additional) 2.33 percent increase in Medicare Part B allowed
charges payments – essentially a bonus – as an “exceptional performance adjustment”
from Centers for Medicare & Medicaid Services (CMS). The payment adjustment will go
into effect in 2023.
The high MIPS score and performance-based payment increase reflect the value of
IHANY to participating health care professionals, health care organizations, payers, and –
most importantly – patients.