Modern Healthcare December 7, 2017
The Medicare Payment Advisory Commission has finalized a recommendation that urges the repeal and replacement of a Medicare payment system that aims to improve the quality of patient care.
To avoid penalties under MACRA, physicians must follow one of two payment tracks: the Merit-based Incentive Payment System, or MIPS, or advanced alternative payment models like accountable care organizations.
On Thursday, the Commission presented a draft recommendation that will be voted on in January. It asks Congress to eliminate MIPS and establish a new voluntary value program in which clinicians join a group and are compared to each other on the quality of care for patients. Physicians who perform well would receive an incentive payment.
If passed by commissioners, the suggestion...