All eligible providers (EPs) are advised to submit clinical quality data to the Centers for Medicare and Medicaid Services (CMS) as part of the Physician Quality Reporting System (PQRS), in order to avoid a two percent Medicare reimbursement penalty in 2016. In addition, EPs in group practices of 10 or more who fail to report PQRS in 2014 will be subject to an additional two percent value-based modifier (VBM) adjustment in 2016. Successful PQRS reporting in 2014 will also mean a 0.5 percent PQRS incentive payment in 2015.
EPs electing to report PQRS under the Group Practice Reporting Option (GPRO) for 2014 must notify CMS of their intention by Sept. 30. (GPRO self-nomination and registration information can be accessed here.)
If you do not have plans for your 2014 reporting, the Wisconsin Collaborative for Healthcare Quality (WCHQ) can help. Last year, CMS created a new mechanism for clinical data reporting for physicians and other eligible health care professionals: the Qualified Clinical Data Registry (QCDR). WCHQ is one of 36 organizations in the nation to receive federal approval as a QCDR and is the only Wisconsin-based, statewide, multistakeholder organization to receive the QCDR designation.
Back to September 25, 2014 Medigram