MedPAC proposes to eliminate MIPS and its related reporting requirements. MIPS would be replaced by a voluntary value program. Under the proposed model all clinicians would have a portion of fee schedule payments withheld. Clinicians then could:
- elect to be measured with a large entity of clinicians and be eligible for a value payment;
- elect to join an Advanced Alternative Payment Model and receive withhold back; or
- make no election and lose the withhold.
MedPAC believes that MIPS is not sustainable and that since CMS will begin making payment adjustments in 2019, action is needed immediately.
The presentation slide set from the October 5 meeting is available here.
The June 2017 Report to Congress where MedPAC proposes a redesign of MIPS is available here.
More information on MedPAC is available at their website.
More information about the Quality Payment Program is available here.
For more information on MACRA visit the McDermottPlus MACRA Resource Center or contact Sheila Madhani at 202-204-1459, email@example.com.