PQRSwizard, a Centers for Medicare & Medicaid Services (CMS)-qualified registry, has extended to March 13 its deadline for eligible professionals (EPs) to report quality measures for the 2014 calendar year.
Qualified registries must submit the quality data, in the proper format, to CMS no later than March 31, 2015. They have the ability to extend their deadlines for EPs based on their current workload and ability to submit data directly to CMS in a timely manner. PQRSwizard has announced it will accept quality measure reporting until March 13, allowing EPs who have not yet successfully submitted calendar year 2014 data time to avoid the penalty and earn an incentive.
While reporting PQRS data is still voluntary, EPs who do not successfully report PQRS measures for 2014 will incur a 2 percent penalty on their 2016 Medicare reimbursements. In addition, 2014 is the last year to earn an incentive. EPs who successfully report PQRS measures will receive an incentive payment of 0.5 percent of all total allowed Medicare covered charges for 2014. Click here to learn more about the penalties and incentives for the 2014 reporting year.
Multiple reporting options are available, including individual measure reporting, measure group reporting, group practice reporting, qualified clinical data reporting and accountable care organization reporting. New for this year are the reporting requirements for individual EPs. Each individual will need to report on nine individual measures on 50 percent of the eligible Medicare Part B Fee-for-Service patients to avoid the penalty and earn the incentive. Visit the PQRSwizard website to learn more.
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