IPS incentivizes providers to improve the quality of care through performance-based payment adjustments. By focusing on quality measures, healthcare providers can enhance patient outcomes, safety, and satisfaction. Encouraging Cost-Effective Practices MIPS encourages providers to adopt cost-effective practices, ultimately reducing healthcare spending. By aligning incentives with value-based care principles, MIPS helps providers deliver high-quality care at a lower cost. Promoting Interoperability and Health IT Adoption MIPS promotes the adoption and meaningful use of health information technology, leading to better care coordination, improved patient engagement, and enhanced data sharing. This interoperability supports a more efficient and effective healthcare system. Supporting Continuous Improvement MIPS fosters a culture of continuous improvement among healthcare providers. By regularly evaluating and refining their practices, providers can stay abreast of best practices and emerging trends, ensuring they deliver the highest standard of care.