Healthcare DIVE October 27, 2017
Dive Brief:
- The Alliance of Specialty Medicine wrote a letter to Dr. Francis Crosson, the chairman of the Medicare Payment Advisory Commission (MedPAC) questioning the advisory board’s suggestion to repeal the Merit-based Incentive Payment System (MIPS), which is one of the payment tracks in MACRA.
- At its October meeting, MedPAC recommended moving physicians to advanced alternative payment models (APM), eliminating MIPS and replacing the payment program with a voluntary value program.
- The Alliance of Specialty Medicine, which represents more than 100,000 specialty physicians from 13 specialty and subspecialty societies, said the move would require participation in APMs or engagement in population-based measurement via large entities to avoid financial penalties.
Dive Insight:
MedPAC members said MIPS, which allows providers...