Modern Healthcare June 19, 2017
Despite initial widespread interest from small doctor practices, the CMS expects few will take advantage of a policy that allows them to partner to comply with MACRA.
In a notice posted Friday, the CMS estimates that only 16 virtual groups made up of 765 clinicians will launch by Jan.1, 2018 to comply with the merit-based incentive payment system (MIPS) under MACRA, which is the first year virtual groups are allowed to operate.
In comparison, up to 418,000 physicians will be submitting 2017 MIPS data to the CMS.
To avoid penalties outlined by the Medicare Access and CHIP Reauthorization Act, physicians must participate in either a merit-based incentive payment system (MIPS) or one of several advanced alternative payment models.
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