tci Medicare Compliance & Reimbursement - 2015 Issue 3
Quality Initiatives: Buckle Up for a Tricky Reimbursement Ride With Value-Based Payment Modifier
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Article Overview
This article is a practical overview of CMS’s Value-Based Payment Modifier and its rollout across physician groups of different sizes. It is aimed at clinicians, group practices, and coding/billing professionals who need to understand the general structure of the program, how it relates to PQRS and other Medicare quality initiatives, and what types of performance information and reports are used in the process. The discussion also covers timing, participation categories, and the broader payment-reform context so readers can gauge how the policy may affect their organization.
Why This Topic Matters
The article matters because it helps practices understand a major Medicare payment policy that can affect reimbursement based on quality and cost performance. It also highlights how participation in related reporting programs influences whether a practice faces neutral, upward, or downward payment effects.
Article Sections
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Overview of the Value-Based Payment Modifier
Introduces the CMS payment policy, its relationship to Medicare payment reform, and the broad groups affected by the program. It also outlines the phased rollout across different provider group sizes.
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Small Groups: Performance Now Affects Payment 2 Years Later
Explains the timing of reporting and adjustment years for smaller practices and other eligible professionals. It also describes when the program expands to additional provider categories and participation models.
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Know How You’re Scored
Summarizes the general categories used in the scoring process, the role of comparative analysis, and the types of reports and measures involved. It also notes optional and required components of the program by group size.
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How You Can Prepare
Discusses general readiness steps for practices as they prepare for the program’s implementation. It emphasizes reviewing performance reports, understanding reporting obligations, and tracking how the policy may affect the practice.
What You Will Learn
- How CMS structured the Value-Based Payment Modifier program
- How the program is phased in across practice sizes and timeframes
- How the modifier relates to other Medicare quality reporting efforts
- What broad categories of information are used in the scoring process
- What kinds of reports practices are expected to review to prepare
Who Should Read This
- Physicians
- Group practices
- Solo practitioners
- Eligible professionals
- Medical billing and coding staff
- Practice administrators
- Healthcare compliance staff
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