On this page, We are going to learn about the full form of MIPS and the meaning of MIPS in medical, As well as the meaning, definition, abbreviation, and acronym for MIPS in different categories. So you should read this post till the end.
The Full Form of MIPS: Merit-based Incentive Payment System
MIPS stands for Merit-based Incentive Payment System in medical coding or billing. The Merit-based Incentive Payment System (MIPS) is a complex compensation model designed to improve the quality and efficiency of healthcare services delivered by physicians.
The purpose of the MIPS is to encourage physicians to deliver high-quality, cost-effective health care to the people they serve.
The system was designed to be flexible, predictable, and fair for both physicians and their patients. It also helps reduce health care costs and improves the overall health of communities.
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