Modern Healthcare October 19, 2017
The CMS is taking its first steps to evaluate whether MACRA will lead to reduced Medicare spending with a new pilot test.
The test will evaluate eight new measures to determine if physicians in the Merit-based Incentive Payment System, known as MIPS, are actually reducing the cost of care. The CMS unveiled the initiative just two weeks after the Medicare Payment Advisory Commission suggested repealing MIPS over concerns it wouldn’t lead to better quality of care for patients or lower costs.
Under MIPS, providers become eligible for either bonus payments or penalties based on their performance, including evidence of quality improvement, cost reduction or maintaining current levels of spending; efficient use of electronic medical records; and clinical improvement activities such...