CHAMPS Group Purchasing is now offering its members a new MIPS reporting tool called MIPSwizard®. This easy-to-use online tool was designed to help Merit-based Incentive Payment System-eligible clinicians quickly and easily complete MIPS reporting. Similar to online tax preparation software, MIPSwizard helps members collect, validate and submit their MIPS results to the Centers for Medicare and Medicaid Services.

“We are thrilled to roll out this new MIPS reporting tool to our membership,” said Tracy Wise, vice president, CHAMPS Group Purchasing. “We are always looking for new ways to enhance our offerings for members and ensure they have access to tools like MIPSwizard in order to make their job easier.”

This new MIPS reporting tool allows users to submit quality reporting to CMS in four simple steps. MIPSwizard® also allows users to:

• Maximize their incentive or just report the minimum to avoid penalties.
• Gather insight into their patient population from performance data down to the patient visit.
• Enable data entry through easy-to-follow chart review forms and data upload tools.
• Report as an individual or a group.
• Validate real-time data prior to submission.
• Submit data both prospectively and retrospectively.
• Use the system quickly once it’s integrated easily with their electronic system.
• Improve and optimize their scores by accessing real-time performance feedback.
• Benchmark their practice vs. the nation.

MIPS participants earn a performance-based payment adjustment to their Medicare payment by annually submitting data that demonstrates they provided high-quality, efficient care. MIPS provides clinicians the flexibility to choose the activities and measures that are most meaningful to their practice to demonstrate performance.

Learn more about this new MIPS reporting tool offered through CHAMPS GPO, contact us.