Tuesday, February 11, 2014

Value-based Payment Modifier Program





Value-based Payment Modifier Program

 

Beginning in 2015, payment rates under the Medicare Physician Fee Schedule for groups of 100 or more eligible professionals will be subject to a value-based payment modifier (VBPM). By 2017, this modifier will be implemented for all physicians.

Physicians who do not demonstrate higher quality and lower costs will receive lower payments. The VBPM is based on performance two years prior (e.g., application of the VBPM in 2015 will be based on physician performance in 2013). Eligible professionals may avoid penalties by successfully participating in the PQRS.

 

For more details contact :

 

HPP-Accuchecker at 305-227-2383


 

 

Miami, Florida

February 11, 2014

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