RevCycle Intelligence October 10, 2017
MedPAC argued a voluntary value-based reimbursement is needed because MIPS is unsustainable and cannot accurately identify high-value clinicians.
The Affordable Care Act isn’t the only health policy facing a call for repeal and replace. The Medicare Payment Advisory Commission (MedPAC) recently urged HHS to repeal MACRA’s Merit-Based Incentive Payment System (MIPS) and replace it with a voluntary value-based reimbursement program.
MIPS launched at the start of 2017 and eligible clinicians must submit at least some quality data from this year to the program by March 31, 2018 to avoid a negative Medicare payment adjustment in 2019.
Eligible clinicians face a maximum penalty of negative four percent based on their performance in the program’s first year.
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