Archived Publications eBook: MACRA is Reinventing the Structure of the P | Seite 5

Who is in the Quality Payment Program? Medicare Part B physicians and clinicians will be subject to the Quality Payment Program if they are in an Advanced APM or if they bill Medicare more than $30,000 per year and care for more than 100 Medicare patients per year. For MIPS, clinicians include: • Physician • Physician Assistant • Nurse practitioner • Clinical nurse specialist • Certified registered nurse anesthetist Regardless of the path, CMS has set 2017 as the performance period for the first payment adjustment in 2019. Payment adjustments under MIPS will be based on performance on measures and activities in four categories, as summarized below. MIPS Performance Category Quality Advancing Care Information Clinical Practice Improvement Activities THE QUALITY PAYMENT PROGRAM Cost (Resource Use) Prior to implementation of the MACRA the Medicare program gathered performance metrics on physicians and other clinicians through a patchwork of programs, including the Physician Quality Reporting System (PQRS), the Physician Value-based Payment Modifier (VM), and the Medicare Electronic Health Record (EHR) Incentive Program. With the new MACRA law, Congress has streamlined elements of these programs through a framework called the Quality Payment Program. The new program offers clinicians two paths for participation: 1 The Merit-based Incentive Payment System (MIPS) or 2 Advanced Alternative Payment Models (APMs) Most Medicare clinicians will initially participate in the Quality Payment Program through MIPS, which will include components of the existing PQRS, VM, and EHR Incentive Program. As an alternative, CMS has established incentives for clinicians to participate in Advanced Alternative Payment Models (APMs). Under this pathway, providers who take on significant financial risk through entities such as accountable care organizations or bundled payments programs can bypass MIPS and become eligible to receive consistent 5% annual payment increases. At least initially, few physicians will qualify to participate under the Advanced APM path, which requires that Medicare comprise 25% of their payments or that Medicare recipients be 20% of their patients through the APM in order to receive the incentive payment. Replaces 2019 Percentage of MIPS Score 2020 Percentage of MIPS Score 2021 Percentage of MIPS Score PQRS 60% 50% 30% Medicare EHR Incentive Program 25% 25% 25% New 15% 15% 15% Value-based Modifier NA 10% 30% MIPS clinicians stand to receive a positive, negative, or neutral payment adjustment of up to 4% in 2019. That percentage increases to 9% in 2022. The positive adjustments will be scaled up or down to achieve budget neutrality, meaning that the maximum positive adjustment could be lower or higher than 4%. In the first five years of the program, CMS has also allocated $500 million in an additional performance bonus that is exempt from budget neutrality to reward exceptional performance. This bonus will provide high performers a gradually increasing adjustment based on their MIPS score that can add up to an additional 10%. In addition, CMS has allocated $20 million per year to small practices to provide technical assistance on MIPS performance criteria or assistance transitioning to an APM. Payment Adjustments Under MIPS +/-4% +/-5% +/-7% HealthStream.com/ProviderAdvisor • 800.521.0574 • HealthStream.com/contact • Reprint from WINTER 2017 Provider Advisor +/-9% 5