With the implementation of QPP, the deadline for submitting 2017 performance data is approaching fast! Eligible providers can submit performance data for dates of service starting on January 1, 2017 – October 2, 2017. Data submission to CMS must be done by March 31, 2018.
If your practice chooses not to submit data for 2017 reporting, then you will receive a negative 4% payment adjustment. If your practice submits the minimum data required for 2017 reporting, you can avoid the negative adjustment and receive a neutral adjustment. If your practice submits partial data required for 2017, which is 90 days of 2017 data, you will receive either a neutral or positive adjustment depending on your performance. If your practice submits a full year of data for 2017, you may receive up to a 4% positive payment adjustment, again depending on your performance. The first payment adjustments based on performance go into effect on January 1, 2019.
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