email article
WASHINGTON The Centers for Medicare & Medicaid Services (CMS) proposed 2022 Physician Fee Schedule (PFS) rule for Medicare would lower the amount physicians are paid under fee-for-service Medicare and change the requirements for incentives under the Quality Payment Program.
The changes, announced at 8 p.m. Tuesday, include a decrease in the conversion factor the multiplier that Medicare applies to relative value units (RVUs) to calculate reimbursement for a particular service or procedure under Medicare s fee-for-service system. Due to budget neutrality changes required by law and the expiration of a 3.75% payment increase provided by Congress, the proposed CY [calendar year] 2022 PFS conversion factor is $33.58, a decrease of $1.31 from the CY 2021 PFS conversion factor of $34.89, CMS said in a fact sheet. The PFS conversion factor reflects the statutory update of 0.00% and the adjustment necessary to account for changes in relative value units an
On May 21, 2021, the Centers for Medicare and Medicaid Services (“CMS”) announced that the Next Generation Accountable Care Organization (“ACO”) Model (“NGACO Model” or “Model”), set to.
Centers for Medicare and Medicaid Services CMS announced that the Next Generation Accountable Care Organization ACO Model NGACO Model or, set to end December 31, 2021, will not be extended after receiving a one-year extension due to COVID-19.
Around the nation: CMMI opts not to extend Next Generation ACO Model advisory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from advisory.com Daily Mail and Mail on Sunday newspapers.
(Photo by Jose Luis Pelaez\Getty Images)
Citing rushed implementation, unanswered questions and potential negative consequences to patient care, 11 healthcare organizations are calling on the Biden administration to delay and make changes to mandated quality measure reporting for accountable care organizations.
The healthcare organizations, including the American Hospital Association and the American Medical Association, sent a letter to Department of Health and Human Services Secretary Xavier Becerra asking for a delay or other options.
The ACO Coalition has sent a separate letter to Becerra citing its concerns.
The concern regards changes to quality reporting for the Medicare Shared Savings Program published in the Final 2021 Medicare Physician Fee Schedule Rule.