MedPage Today November 2, 2017
Most members want MIPS repealed, but some concerned about its proposed replacement.
Although most members of the Medicare Payment Advisory Commission (MedPAC) continue to support repealing Medicare’s new Merit-Based Incentive Payment System (MIPS) for physician payment, there was disagreement Thursday about what should replace it.
At a morning meeting, MedPAC staff members presented more details about a proposed replacement for MIPS called the Voluntary Value Program (VVP), and addressed concerns that commission members raised about the program at their last meeting.
MIPS combines parts of the Physician Quality Reporting System (PQRS), the Value-based Payment Modifier, and Meaningful Use into one single program based on quality, resource use, and clinical practice improvement. Under MIPS, doctors earn a payment adjustment based...