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.
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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