Modern Healthcare May 26, 2017
Since the CMS implemented the Medicare Access and CHIP Reauthorization Act last fall, physicians have been concerned that their value-based payment options put too much financial risk on their practices.
The Merit-based Incentive Payment System, known as MIPS, and advanced alternative payment models penalize physicians for poor performance scores.
But a third, lesser-known option is available for physicians participating in Track 1 of the Medicare Shared Savings Program. Dubbed the MIPS-APM track, it doesn’t punish physicians for low scores in MACRA performance categories.
Experts say the track, which is technically part of MIPS, prepares physicians for the shift to value-based care without the potential for any financial losses. However, the model is only available to doctors participating in Medicare accountable...
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