CMS to Host Listening Session Regarding Confidential Feedback Reports and the Implementation of a Value-Based Payment Modifier for Physicians

CMS will host a listening session on September 24th as part of the transition to a value-based purchasing program for services of physicians and certain other professionals, as well as other related provisions under the Patient Protection and Affordable Care Act (known as the Affordable Care Act (ACA)).  The Affordable Care Act contains implementation of physician value based purchasing (PVBP). Value-based purchasing is expected to create financial incentives for increasing quality of care and decreasing overall costs by transitioning to payment that will link levels of reimbursement to higher achievement of clinical quality and efficiency. Physicians, physician associations, and all others interested in the use of confidential feedback reports as one means of enhancing quality and efficiency are invited to participate, in person or by calling in to the teleconference. The meeting is open to the public, but attendance is limited to space and teleconference lines available. Beginning in 2015, ACA also requires implementation of a value-based payment modifier to the Fee-For-Service physician fee schedule. The purpose of the listening session is to solicit comments on approaches being considered as we implement these provisions.

For the complete Federal Register notice, which includes registration information, visit on the web.

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