HFMA January 8, 2020
- In 2018, physician participation in alternative payment models increased by 84%, while participation in the Merit-based Incentive Payment System (MIPS) decreased by 5%.
- Among MIPS participants, 97% garnered increases of up to 1.68% of their annual Medicare payments.
- Also in MIPS, 2% of physicians incurred payment cuts of up to 5% of their Medicare payments.
The number of physicians receiving Medicare payments through risk-based models sharply increased in 2018, while the much larger number for whom payment is based on quality-measure performance started to decline.
The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) established criteria for Medicare to pay physicians through either the Merit-based Incentive Payment System (MIPS) or advanced alternative payment models (APMs). MIPS...