Merit-Based Incentive Payment System (MIPS) impacts quality and safety

Merit-Based Payment System (MIPS) Impacts on Quality and Safety Name of the Student Institutional Affiliation Course Code and Course Name Professor Date of Submission Merit-Based Payment System (MIPS) Impacts on Quality and Safety A. Practice Area where MIPS can be implemented A practice area where "Merit-Based Incentive Payment System (MIPS)" can be helpful is chronic disease management, particularly for diabetes. In this regard, MIPS encourages healthcare providers to follow evidence-based monitoring and management practice recommendations for diabetes patients, thereby improving their overall patient health. B. The Positive Scopes of MIPS for Diabetes Management 1 Enhanced Quality of Care: MIPS has bonuses for checking HbA1c at least twice in six months, blood pressure check-ups, and patient education that encourages lifestyle changes. Promoting these practices through MIPS would help enhance diabetes management and consequently avoid possible complications or admissions (Tummalapalli et al., 2023). 2 Improved Patient Engagement: Patient satisfaction and engagement can be improved through measures, and MIPS can favor patient engagement. For example, providers could be incentivized to engage in shared decision-making practices, which can empower patients to become fully involved in their care, hence enhancing treatment compliance and better health status. C. Financial Viability ...