The Centers for Medicare and Medicaid final rule for physician fee schedule has altered the original proposal on how to implement the value-based payment modifier, according to the American Society of Anesthesiologists.
CMS announced its intent to implement a VBM using a quality and cost tiering system to groups of 100 or more eligible professionals. Originally, CMS proposed to apply the payment adjustment to groups of 25 or more professionals.
In 2017, the VBM will apply to all physicians except those participating in accountable care organizations, pioneers or other initiatives from the Center for Medicare and Medicaid Innovation.
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CMS announced its intent to implement a VBM using a quality and cost tiering system to groups of 100 or more eligible professionals. Originally, CMS proposed to apply the payment adjustment to groups of 25 or more professionals.
In 2017, the VBM will apply to all physicians except those participating in accountable care organizations, pioneers or other initiatives from the Center for Medicare and Medicaid Innovation.
More Articles on Coding, Billing and Collections:
5 Statistics on Aged Cash Breakdown in Surgery Centers
ACA Will Bring Reforms to Healthcare Collections
AAPC to Host ICD-10 Training Conferences Through 2014