Healthcare Finance News November 1, 2023
Stop APM bonus cut and MIPS penalties in MACRA and Medicare physician payment decreases, AMA says.
The American Medical Association and others are calling on Congress to stop the advanced Alternative Payment Model bonus payment cut that is scheduled to expire at the end of the year for most physicians.
The APM 5% incentive payment under the Medicare Access and CHIP Reauthorization Act (MACRA) was originally set to expire at the end of 2022, but the Consolidated Appropriations Act of 2023 extended the bonus at 3.5% for the 2023 performance year, according to the AMA.
Only Advanced APM participants who meet certain thresholds will receive the 5% Medicare payment incentive. To qualify, physicians participating in an Advanced APM must receive...
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