Opportunities for Clinicians to Join APMs Announced
The Centers for Medicare & Medicaid Services (CMS) has announced new opportunities for clinicians to join Advanced Alternative Payment Models (APMs). These models were developed by the CMS Innovation Center to improve care and potentially earn an incentive payment under the Quality Payment Program(QPP) created through the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA). The QPP rewards clinicians with sufficient participation in Advanced APMs that align incentives for high-quality, patient-centered care. By giving more clinicians the opportunity to participate in these models, this announcement will extend the benefits of high-quality, coordinated care to more Medicare beneficiaries.
CMS expects to re-open applications for new practices and payers in the Comprehensive Primary Care Plus (CPC+) model, as well as new participants in the Next Generation Accountable Care Organization (ACO) model for the 2018 performance year. In addition, CMS is announcing that the Innovation Center’s Oncology Care Model with two-sided risk will now qualify the model as an Advanced APM beginning in the 2017 performance year. In 2017, under the Quality Payment Program, clinicians may earn a 5 percent incentive payment through participation in the certain Advanced APMs.
For more information, go to https://www.cms.gov/Newsroom/MediaReleaseDatabase/Fact-sheets/2016-Fact-sheets-items/2016-10-25.html