Start collecting your data now and avoid 9% Medicare penalty in 2026 It's time to turn your attention to 2024 MIPS reporting so you don't get behind the curve. This year reporting will be more complex and require early planning to meet the new requirements. Developing a reporting strategy now will ensure you are better prepared for a successful outcome. There are many issues to take into consideration as you develop a MIPS reporting plan that will deliver positive results for your practice. In 2024 your MIPS performance will continue to be evaluated based on the same 4 categories: Quality, Improvement Activities (IA), Promoting Interoperability (PI), and Cost. If you are MIPS eligible or if you opt-in to reporting, payment adjustments will remain at -9% if you don't submit your data and apply to your 2026 Medicare reimbursement for covered professional services. Begin Collecting Your Quality Data NOW! We suggest that you start collecting your Quality data as soon as possi