BC Advantage - 2018 Issue 6

The Money in MIPS

Seema Verma, Administrator of the Centers for Medicare and Medicaid Services (CMS), recently announced that 91% participated in the first year of the Quality Payment Program (QPP), barely squeaking by their goal of 90%.Due to these high numbers of participation one would think there’s a lot of money in the pot. Right? Well…probably not.One man’s loss is another man’s gainAs required by the Medicare Access and CHIP Reauthorization Act of 2015, CMS must implement Merit-based Incentive Payment System (MIPS) payment adjustments in a budget-neutral manner—meaning the agency may not pay out more...

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