Physician Fee Schedule (PFS)/MACRA/QPP
CMS issues final rule for CY 2018 MACRA physician QPP
The Centers for Medicare & Medicaid Services late today issued its final rule for the physician fee schedule for calendar year 2018. CMS estimates a 0.41% increase in physician payment rates for 2018 compared to 2017, after applying a 0.5% payment increase required by the Medicare鈥
The MACRA Physician Quality Payment Program Final Rule for CY 2018 continues a flexible approach to the MACRA's physician quality payment program urged by hospitals, health systems, and the more than 500,000 employed and contracted physicians with whom they partner to deliver care.
The Centers for Medicare and Medicaid Services (CMS) uses the Medicare Physician Fee Schedule (PFS) to determine how to reimburse physicians for their services. Under the PFS, Medicare considers various elements including the work the physician put in, the expenses incurred in providing care,鈥
The Centers for Medicare & Medicaid Services today officially withdrew its proposal to test new models for how Medicare Part B pays for prescription drugs provided in physician offices and hospital outpatient departments.
Overview of the MIPS and the Reporting Requirements
The AHA today expressed serious concerns with the Centers for Medicare & Medicaid Services鈥 proposal to significantly reduce the payment rate for 鈥渘onexcepted鈥 services provided in off-campus provider-based departments under the physician fee schedule proposed rule for calendar year 2018.
On July 13, CMS released its proposed rule for calendar year (CY) 2018 with changes to the Medicare physician fee schedule (PFS) and other revisions under Medicare Part B. This advisory summarizes the proposed rule.