20,000 Clinicians To Get Medicare Pay Increase This Year
CMS announced last week the results of the 2018 Value Modifier and the adjustment factor that will be applied to clinicians receiving an upward payment adjustment. In 2018, over 20,000 clinicians will receive an increase of 6.6% to 19.9% on their Medicare physician fee schedule payments as a result of their high performance on quality and cost measures in 2016. The Value Modifier payment adjustment ends in 2018 as the Merit-based Incentive Payment System (MIPS) under the new Quality Payment Program is replacing the Value Modifier. The 2018 Value Modifier results and the payment adjustment factor are available on the 2016 QRUR and 2018 Value Modifier webpage, click here. For questions about the 2018 Value Modifier, contact the Physician Value Help Desk at 888-734-6433 (select option 3) or [email protected].