For Medicare physicians and groups that will be impacted by the new Merit-Based Incentive Payment Program (MIPS) and the Advanced Alternative Payment Model (APM) requirements, it is important to remember that planning for the Quality Payment Program is more nuanced than simply 'selecting a track,' according to a new infographic by Able Health.
To help make understanding the two Quality Payment Program tracks a bit easier, Able Health's infographic helps physicians and medical groups determine which track may be the most appropriate to prepare for in 2017.
No matter which level of participation physician practices choose for the first Quality Payment Program performance period beginning January 1, 2017, CMS's "Pick Your Pace" announcement means practices should proactively prepare for the impact of the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) on physician quality reporting and reimbursement.
MACRA Physician Quality Reporting: Positioning Your Practice for the MIPS Merit-Based Incentive Payment System delivers a veritable MACRA toolkit for physician practices, with dozens of tips and strategies that lay the groundwork for reimbursement under Medicare's Merit-based Incentive Payment System (MIPS), expected to begin in 2017 and one of two payment paths Medicare will offer to practices.
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