Deadline approaches for Medicare Quality Payment Program Participants

PUBLISHED BY PHYSICIANS DIRECT ACCESS, INC. FOR INFORMATIONAL PURPOSES ONLY.
PUBLISHED BY PHYSICIANS DIRECT ACCESS, INC. FOR INFORMATIONAL PURPOSES ONLY.

Avoid the negative 4-percent payment adjustment, last day to start partial year reporting is October 2, 2017

On January 1, 2017, known as the transition year, the Centers for Medicare & Medicaid Services (CMS) began the Quality Payment Program, established under the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA). According to CMS, the Quality Payment Program will reform Medicare Part B payments for clinicians billing more than $30,000 a year and providing care for more than 100 Medicare patients a year. However, there are some exceptions and not all clinician types are included. Clinicians can check their participation status by visiting the Quality Payment Program website at http://www.qpp.cms.gov and entering their individual NPI.

The Quality Payment Program has the following tracks from which clinicians can choose, based on their practice size, specialty, location, or patient population:

  • The Merit-based Incentive Payment System (MIPS), or
  • Advanced Alternative Payment Models (APMs)

MACRA timeline key dates

The following links provide more information about the Quality Payment Program:



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