NATIONAL -
Medicare Proposes New Part B Payment System -
The Center for Medicare and Medicaid Services (CMS) on April 27 proposed a new rule that would transform Medicare Part B reimbursement to practitioners into a two-track payment system commencing in 2019. Under the new system, called the Quality Payment Program, practitioners would have the option of electing to receive payment of a 5 percent annual bonus under an “advanced alternative payment model” (APM) or opt for payment under a Merit-Based Incentive Payment System (MIPS), which would subject them to payment increases or reductions based upon a quality performance score. The proposal is designed to replace the sustainable growth rate formula.
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