On October 14th CMS published the final rule that outlines its implementation of MACRA value-based payment reform starting in 2017. The new framework is called the Quality Payment Program.
Why Should You Attend:
Going forward, clinicians and health care leaders need to be developing strategies so they can position their organizations for financial success under the new Quality Payment Program.
Beginning in 2017, CMS will start rewarding clinicians for their delivery of high-quality patient care through one of two pathways: (1) payment of incentives for participation in Advanced Alternative Payment Models (Advanced APMs); or (2) application of a positive or negative adjustment pursuant to the clinician's performance under the new Merit-based Incentive Payment System (MIPS).
CMS is allowing clinicians to pick their pace of participation for the 2017 performance year. They will have three flexible options to submit data under MIPS and a fourth option to join an Advanced APMs in order ensure they will not trigger a negative payment adjustment in 2019.
This CMS MACRA webinar will focus on the Quality Payment Program, its pathways and potential options for clinicians as they navigate the Quality Payment Program during the 2017 transition year and beyond.
Areas Covered in this Webinar:
Provide a general overview of MACRA and the CMS Quality Payment Program.
Explain the consolidation of historic incentive programs into MIPS and provide an overview of the underlying MIPS scoring methodologies.
Discuss qualifying Advanced APMs and the process for earning program incentives for APM participation.
Describe strategies for engaging key stakeholders, and for picking your pace in the transition year.
Discuss potential strategies for incentivizing physicians in connection with the rollout of the new Quality Payment Program.
In this session Mr. Wolfe will provide an overview of the Quality Payment Program, including its MIPS and Advanced APM pathways.
Mr. Wolfe will provide a straight-forward, practical explanation of key provisions and options for clinicians and health care leaders as they navigate the 2017 transition year and beyond.
Who Will Benefit:
Health Care Executives
Health Care Human Resources
Health Care CFOs
Joseph Wolfe is an attorney with Hall, Render, Killian, Heath & Lyman, P.C., the largest health care focused law firm in the country. Mr. Wolfe provides advice and counsel to some of the nation's largest health systems, hospitals and medical groups on a variety of health care issues.
He regularly counsels clients on a national basis regarding compliance-focused physician compensation and alignment strategies. He is a frequent speaker on issues related to the physician self-referral statute (Stark Law), hospital-physician transactions, physician compensation governance and health care valuation issues.
Before attending law school at the University of Wisconsin, he served as a combat engineer in the United States Army.
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