At Velora, we understand the evolving demands of value-based care models. The Merit-based Incentive Payment System (MIPS) is a cornerstone of the Centers for Medicare & Medicaid Services (CMS) Quality Payment Program (QPP), and navigating it can be complex. Our MIPS Services are designed to help healthcare providers optimize performance, avoid penalties, and maximize incentives through accurate reporting, strategic planning, and ongoing support.

Whether you’re a solo practitioner or a group practice, MIPS performance affects your future Medicare reimbursements and your public reputation. That’s why Velora offers an end-to-end suite of MIPS support services—from coding and reporting to improvement planning and quality measure selection. We guide you through the entire performance year with proactive, customized support that drives results.

Below is a full breakdown of our MIPS Services and the key sub-services that ensure your success:

1. Coding and Reporting

Accurate clinical documentation and coding are the foundation of successful MIPS participation. Velora’s Coding and Reporting service ensures that your claims and data submissions reflect the full scope of care you provide—and meet CMS quality and compliance requirements.

Key features:

• 🧾 Accurate CPT, ICD-10, and HCPCS Coding: Our certified coders ensure that every encounter is coded accurately for quality measure inclusion.
• 📤 MIPS-Eligible Measure Reporting: We track and report all necessary data to the appropriate MIPS registries and CMS port
• 📊 Performance Analytics: Regular reports provide insight into your performance score, highlighting areas for improvement.

With our coding expertise, your practice can avoid audit risks, improve documentation quality, and ensure you’re rewarded for the care you deliver.

2. Improvement Planning

MIPS success doesn’t happen by chance—it requires strategy. Velora’s Improvement Planning service offers a tailored roadmap to help you boost your performance scores across all MIPS categories: Quality, Promoting Interoperability, Improvement Activities, and Cost.

Key features:

• 🧠 Performance Gap Analysis: We evaluate your current MIPS score and identify areas with the highest potential for improvement.
• 🎯 Targeted Action Plans: Based on our findings, we develop customized strategies to improve scores in underperforming areas.
• 🔄 Quarterly Reviews: We conduct regular check-ins and progress reviews to adapt plans as needed throughout the year.

By taking a proactive approach to performance management, we help your practice steadily improve scores—and unlock higher incentive payments.

3. Monitoring and Education

Many providers fall short in MIPS due to a lack of understanding and oversight. Our Monitoring and Education service ensures your team stays informed and on track through continuous support and training.

Key features:

• 📅 Ongoing Performance Tracking: We monitor MIPS category scores in real time, alerting you to any risks or opportunities.
• 📚 Staff Training and Webinars: We provide education on MIPS requirements, measure reporting, compliance updates, and data collection best practices.
• 📩 Regulatory Updates: Velora keeps your practice informed about CMS rule changes and submission deadlines so nothing falls through the cracks.

With Velora’s guidance, your team is empowered with the knowledge and tools needed to contribute actively to your MIPS success.

4. Quality Measure Selection

Not all MIPS quality measures are created equal—and choosing the right ones can significantly impact your final score. Our Quality Measure Selection service helps you select the measures that align with your specialty, workflow, and performance potential.

Key features:

• 📘 Measure Compatibility Analysis: We analyze which MIPS measures are most relevant to your practice type and EHR capabilities.
• 📈 High-Impact Measure Selection: We help you focus on measures with high weight, benchmark potential, and scoring efficiency.
• 🔁 Annual Measure Review: As CMS updates the measure list annually, we ensure your practice is always aligned with the most beneficial options.

By strategically selecting and tracking the right measures, your practice can achieve higher scores with less administrative burden.

Why MIPS Matters—and Why Velora Makes It Easy

MIPS is more than just another regulatory requirement. It directly impacts your Medicare reimbursement rates and your public quality ratings on platforms like Physician Compare. Failing to report—or reporting incorrectly—can result in penalties of up to 9% of your Medicare Part B reimbursements. That’s real revenue at risk.

Velora simplifies the complexity of MIPS so that your team doesn’t have to worry about:

• ❌ Confusing submission processes
• ❌ Missed deadlines
• ❌ Low performance scores
• ❌ Compliance penalties

We offer full-service support, ensuring that every detail—clinical data, documentation, reporting, and strategy—is handled with accuracy and efficiency.

Benefits of Velora’s MIPS Services

By partnering with Velora, healthcare providers gain access to a full suite of MIPS solutions that deliver measurable value:

• 💰 Maximized Incentives: Avoid penalties and qualify for the highest possible bonus payments.
• 📈 Performance Transparency: Know where you stand at all times with real-time dashboards and analytics.
• 🕒 Time Savings: Free your staff from complex MIPS reporting tasks and CMS portal submissions.
• 🧘 Peace of Mind: Focus on patient care while we handle the compliance, coding, and reporting details.
• 🚀 Better Public Visibility: Boost your practice’s reputation with strong MIPS scores on government websites.

The Velora Advantage

At Velora, we’re more than just a MIPS reporting vendor—we’re your compliance and performance partner. Our expert team of coders, data analysts, and compliance professionals works alongside your practice throughout the year to ensure your MIPS success.

Here’s why providers choose Velora:

• 🩺 Deep Healthcare Knowledge: We understand the clinical and operational realities of medical practices.
• 🧠 Strategic Expertise: Our team doesn’t just check boxes—we build strategies that improve your bottom line.
• 🔄 End-to-End Integration: Our MIPS solutions align with our billing, credentialing, and front-office services.
• 🔒 HIPAA-Compliant Processes: All data is handled securely with strict adherence to patient privacy standards.

Get Started with Velora’s MIPS Services

Whether you’re new to MIPS or looking to improve your performance year over year, Velora is here to support your journey. We offer customized service packages that fit your specialty, your goals, and your workflow.

Don’t let MIPS stress your staff or cost your practice revenue. Partner with Velora to:

• 📤 Report accurately and efficiently
• 🧾 Stay compliant year-round
• 💵 Maximize incentives
• 🌟 Protect your reputation

Contact Velora today to schedule a consultation and learn how our MIPS Services can help your practice succeed in today’s value-based care landscape.