Healthcare Finance News January 12, 2018
Here’s a look at the voluntary program the Medicare Payment Advisory Commission recommends instead of the Merit-based Incentive Payment System.
The Medicare Payment Advisory Commission on Thursday voted to recommend getting rid of the Merit-based Incentive Payment System under MACRA.
The commission voted 14-2 to get rid of MIPS and replace it with an alternative program, according to MedPageToday.
[Also: MedPAC recommends Congress eliminate MIPS payment track in MACRA]
MIPS cannot succeed, the commission said in meeting documents, because it replicates the flaws of prior value-based purchasing programs, it’s burdensome and complex, much of the reported information is not meaningful and scores among clinicians are not comparable.
The MIPS payments will be minimal in the first two years and...
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