The Centers for Medicare & Medicaid Services (CMS) released final policies last fall on implementation of the Medicare Access and CHIP Reauthorization Act of 2015’s Merit-Based Incentive Payment System (MIPS) and alternative payment models (APMs). Collectively, these programs are part of what CMS now calls the Quality Payment Program (QPP).
During the 2017 QPP transition year, physicians can choose their pace for participation. However, to avoid a negative payment adjustment in 2019, they are required to report one quality measure for one patient, one Improvement Activity or all of the required Advancing Care Information (ACI) measures. While the performance year is 2017, physicians will not receive their payment adjustment until two years later.
To help physicians and staff understand both MIPS and APMs, the AMA is presenting “Medicare Access and CHIP Reauthorization Act/Quality Payment Program Update,” a free 90-minute webinar on April 20 at 6:30 p.m. Click here to register.
Additional MACRA/QPP information and resources are available on the AMA’s website.
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