The 2015 Medicare Access and CHIP Reauthorization Act (MACRA) led to the creation of the Quality Payment Program (QPP) to adjust physician payments based on “value” over volume. Defining value remains challenging and subjective. Most Medicare physicians receive traditional fee-for-service (FFS) payments and are thus subject to value as defined by the Merit Based Incentive Payment System (MIPS) arm of QPP, which will increase or decrease physician payments based on their performance in four categories… Download the full article below.
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