decisionhealth Newsletters, Part B News - 2016 Issue 6 (June)
In first MIPS year, advanced APM benefits will be rare — and risky
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Article Overview
This article discusses the early implementation of MIPS and advanced APMs for Medicare Part B providers. It explains the broad policy context, the types of payment models that may qualify for advanced APM status, and why participation in those models may involve financial and reporting tradeoffs. It is relevant to providers, coding and billing staff, compliance professionals, and others tracking Medicare quality-reporting changes.
Why This Topic Matters
The article helps readers understand which providers may be exempt from MIPS reporting, what broad criteria define advanced APM participation, and why the first year of the program is expected to affect relatively few organizations. That matters for practices evaluating Medicare payment strategy and reporting obligations.
Article Sections
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Which APMs can avoid MIPS reporting
This section outlines the Medicare policy background for MIPS and advanced APMs and describes the general framework used to identify qualifying models. It also references the organizations and rulemaking context involved in the discussion.
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Risk of APMs explained
This section discusses the general concept of financial risk in advanced APMs and how the rule describes the types of risk involved. It also notes the limited set of models expected to qualify in the first year.
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You may be glad you’re not an advanced APM
This section compares the broad appeal of MIPS versus advanced APM participation and discusses why providers may weigh reporting relief against shared risk. It also touches on the importance of partner performance and model-specific details.
What You Will Learn
- How the article frames the relationship between MIPS and advanced APM participation
- What broad criteria are associated with advanced APM qualification
- Why only a small number of models were expected to qualify in the first year
- What general kinds of tradeoffs providers face when considering advanced APM participation
Who Should Read This
- Medicare Part B providers
- Physician practices
- Billing and coding professionals
- Compliance staff
- Healthcare administrators
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