As MIPS and other performance-based payment programs evolve, providers eventually will be on the hook to cut checks if they can’t perform. Individual providers must act now to stay on top of the distribution curve.
On July 29th, the Centers for Medicare & Medicaid Services (CMS) proposed changes to improve the Quality Payment Program’s Merit-based Incentive Payment System (MIPS). This is the latest CMS announcement in a series of value-based care-related policy changes, including Pathways to Success and Primary Cares Initiative. CMS continues to double down on value-based care programs (and rightly so), but the question must be asked: how are individual providers supposed to keep up?