At its January 11 meeting, the Medicare Payment Advisory Commission (MedPAC) voted to recommend that Congress eliminate the Merit-Based Incentive Payment System (MIPS) and institute a new voluntary value program (VVP) that will reward quality within the current fee-for-service Medicare program.
The new program would focus on a uniform, population-based, patient-surveyed set of measures to assess clinicians as groups rather than as individuals, according to MedPAC. It would maintain the value component of Medicare fee-for-service payments, eliminate reporting of mandatory clinician measures to the U.S. Centers for Medicare and Medicaid Services (CMS), and encourage physicians to participate in advanced alternative payment models (AAPMs).
