This week, CMS released a new Virtual Groups Toolkit to help physicians and practices form virtual groups for participation in MIPS for 2018. This option allows multiple practices or solo practitioners to aggregate their performance data and receive a group score and payment adjustment. A virtual group may consist of a combination of two or more Taxpayer Identification Numbers (TINs). Solo practitioners and groups with 10 or fewer eligible clinicians may form virtual groups. There is no limit to how many individual TINs join together to become a virtual group, but none of the individual TINs in the virtual group may exceed 10 eligible clinicians. Physicians and practices intending to form a virtual group must complete CMS’ election process by December 31, 2017. Additional details on forming a virtual group are available on ASCRS’ website.
CMS’ new Virtual Group Toolkit includes:
- Virtual Group Participation Overview Fact Sheet;
- Virtual Groups Election Process Fact Sheet;
- Virtual Groups Agreement Checklist; and
- Virtual Groups Sample Agreement Template.
In addition, CMS will host a webinar on Tuesday, November 21, 2017, from 1:00 to 2:00 p.m. EST to provide an overview of virtual groups. Register here.