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Act Now to Earn Your PQRS Bonus, Avert the 2016 Penalty
Posted on: 4/25/2014

The Physician Quality Reporting System (PQRS) reporting period for group practices and individuals began Jan. 1, 2014. Data from this year will determine both your incentive payments and payment adjustments, so here's what you need to know. 

This is the last year that eligible professionals may receive a bonus for successfully reporting quality data to the Centers for Medicare and Medicaid Services based on the PQRS. And failure to report in 2014 will result in a penalty under the value-based modifier (VBM) in 2016.

So if you haven't started yet, there is still time!

Heads up: ISMS is preparing an Issue Brief on how the VBM will impact all physicians in 2017. Watch for this new members-only resource at www.isms.org.

Learn more.

Questions? Call your ISMS Advocacy Team at 800-782-4767 ext. 1470 or send an email.

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