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Medicare Quality Reporting: Top 10 For 2015 and Beyond

    • MQR15

      The Illinois State Medical Society reminds physicians and group practices that they are at risk for steadily increasing penalties if they fail to successfully report quality measures under the Physician Quality Reporting System (PQRS).

      We are already well into the 2015 performance period, and your actions this year will determine payment adjustments of as much as -6% on all services paid for under the Medicare Physician Fee Schedule in 2017.

      Take a look at some important facts regarding Medicare quality reporting:

      1. The Centers for Medicare and Medicaid Services (CMS) is committed to moving to value-based payments.

        CMS has made it increasingly clear that valuebased payments will become a progressively larger part of payment arrangements under Medicare. Although physicians are not required to participate in the Medicare quality reporting programs, the line between optional and required is becoming blurry, especially as “payment adjustments” are scheduled to increase each year for the foreseeable future. 

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