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Event
CMS Proposals for the Physician Value-Based Payment Modifier under the Medicare Physician Fee Schedule
Topic
Value-Based Payment Modifier – Physician Feedback Program

Description:
CMS subject matter experts provide an overview of proposals for the physician value-based payment modifier.  CMS has proposed to phase-in application of the value modifier, starting in 2015 with groups of physicians with 25 or more eligible professionals.  The value modifier for these groups would be based on performance during 2013.  The presentation describes the options these groups have on how the Value Modifier would be calculated based on whether they participate in the Physician Quality Reporting System (PQRS). 

For groups of 25 or more that do not participate in the PQRS, CMS is proposing to set their Value Modifier at a 1.0 percent payment reduction.  For groups that wish to have their payment adjusted according to their performance on the value modifier, the rule proposes a system whereby groups with higher quality and lower costs would be paid more, and groups with lower quality and higher costs would be paid less.

This call also includes a question and answer session.

When: Wednesday, August 1, 2012

Time: 2:30-4:00PM Eastern Time

Target Audience:
Physicians, physician group practices, practice managers, medical and specialty societies, payers, insurers.

Call Materials:

For More Information:
Visit the Physician Feedback Program web page for more information on the Value-Based Payment Modifier.