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What Drives Value in the Merit-Based Incentive Payment System?
RevCycle Intelligence May 14, 2021
A survey reveals physician perspectives on the value drivers within the four components of the Merit-based Incentive Payment System, showing an emphasis on process improvement activities.
In a recent survey, physicians were asked if and how the four evaluation components of the Merit-based Incentive Payment System (MIPS)—quality, promoting interoperability, improvement activities, and cost—were improving value in healthcare as intended. Performance in these areas is how MIPS determines the payment rates clinicians will receive from Medicare, with the goal of improving care through performance-based incentives.
Researchers received a 51 percent response rate out of 1,431 internal medicine physicians between March 22 and May 7, 2017. Of the respondents, 55 percent believed that value would increase through activities...
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Topics: CMS, Govt Agencies, Insurance, MACRA, Medicare, Payment Models, Physician, Primary care, Provider, Survey / Study, Trends, Value Based