If you decide to participate in the Merit-based Incentive Payment System (MIPS), you will earn a performance-based payment adjustment to your Medicare payment.
How Does MIPS Work?
You earn a payment adjustment based on evidence-based and practice-specific quality data. You show you provided high quality, efficient care supported by technology by sending in information in the following categories.
Replaces the Medicare EHR Incentive Program also known as Meaningful Use.
Replaces the Value-Based Modifier.
The cost category will be calculated in 2017, but will not be used to determine your payment adjustment. In 2018, we will start using the cost category to determine your payment adjustment.
Read more at: https://qpp.cms.gov/mips/overview