CMS released the 2024 Medicare Physician Fee Schedule (PFS) Final Rule on Nov 2, 2023. This final rule includes updates to the MIPS/MVP and APM Tracks of the Quality Payment Program (QPP), Medicare Shared Savings Program (MSSP) models, as well as other need-to-know updates, including adjustments to PFS payment rates, SDOH & telehealth services reimbursement.
As part of this 2024 Final Rule, CMS has moved to finalize 5 new additional MVPs to further expand this pathway of the QPP in coming years. CMS also finalized policies regarding the reporting expansion of the Promoting Interoperability Performance Category. Lastly, CMS has finalized additional Cost Performance Category measures that Eligible Clinicians (ECs) and groups may be evaluated on in the upcoming 2024 performance year. This webinar will help you learn what these and other critical updates will mean for your practice.
Already a QPP client or interested in becoming one? Get a jump start on preparing for the new year by joining our upcoming webinar. As a client, you receive exclusive access to our analysis of this regulation.
Mark your calendars for “Client Only QPP Final Rule First Look” on Tuesday, December 12th at 12pm EST.
Additional open to the public webinars will be available in 2024 highlighting major updates and implications to eligible clinicians and practices related to this final ruling.
To speak with the team on how we can best support you, feel free to contact us HERE.
For additional information on the 2024 PFS/Quality Payment Program Final Rule, the final ruling can be downloaded from the Federal Register HERE.
The CMS 2023 Final Rule overview fact sheet, PFS fact sheet, and MSSP Fact Sheets are available through these links:
PFS/QPP Fact Sheet: https://www.cms.gov/newsroom/fact-sheets/calendar-year-cy-2024-medicare-physician-fee-schedule-final-rule
MSSP Fact Sheet: https://edit.cms.gov/files/document/mssp-fact-sheet-cy-2023-pfs-final-rule.pdf
Contact YOUR Experts at the Kentucky REC for all your QPP, MIPS/MVP, and APM Track questions. We are here to help. Call us at 859-323-3090.
QPP Year 7: Client Only Final Rule First Look*
Tuesday Dec 12, 2023 @ 12PM ET
*This webinar is for Kentucky REC contracted QPP clients only. If you are interested in this topic and would like to learn more about becoming a client, please contact us at (859) 323-3090 or email us at KYRec@uky.edu. We aim to be your trusted healthcare advisor!
Cohosts Brent McKune and Stephen Williams of the Kentucky REC introduce Episode 11 of Kentucky REC’s PILL Podcast. In this episode, they sit down with KY State HIT Director and KHIE Deputy Executive Director, Andrew Bledsoe, to delve into the significance of Social Drivers of Health (SDoH) and the state of Kentucky’s efforts to address them.
Learn more about KHIE at their website, KHIE.ky.gov
- Unpacking the vital concept of SDoH and its pivotal role in healthcare
- Gaining insights into Kentucky’s unique SDoH challenges and the proactive measures taken to tackle them
- Exploring the integration of kynect resources with KHIE and its advantages for healthcare organizations
- Understanding the challenges that KHIE faces and its vision for the future
Andrew Bledsoe is currently KY State HIT Director and KHIE Deputy Executive Director
The intersection of health information technology with quality care delivery has provided Andrew with a unique perspective over his nearly 20 years in healthcare. Starting his career in a regional hospital, he quickly learned the challenges in healthcare, especially rural medicine, and began investing in the concept of leveraging health information technology to improve outcomes for patients. His current appointment within the Kentucky Cabinet for Health and Family Services primarily focuses on implementing the KHIE Strategic and Operational Plan, promoting the statewide exchange of patient health information, spearheading a number of new services designed to improve care coordination, and offer new avenues to reduce reporting burdens and foster inter-agency collaboration.
Listen to our podcast on Buzzsprout, or Spotify and Apple Podcasts. All previous episodes are available.
If you need assistance with health information technology, contact the Kentucky REC at 859-323-3090 or by email.
MIPS Data Validation and Audit (DVA) for Performance Year (PY) 2022 is set to commence from November 2023, as outlined in a recent CMS update.
This initiative, overseen by Guidehouse on behalf of the Centers for Medicare & Medicaid Services (CMS), aims to ensure the accuracy and completeness of reported submissions in the MIPS program for PY 2022. If selected for the DVA, participants will receive an email notification through their Health Care Quality Information Systems Access, Roles, and Profile (HARP) account.
The notification process will begin in November 2023 and extend through March 2024. Participants are required to furnish requested information within 45 days, which may include primary source documents such as claims, medical records, and other relevant resources used in data calculations.
Please be aware that non-compliance could result in negative payment adjustments and increase the likelihood of future audits.
For further details and inquiries, please refer to the MIPS DVA Fact Sheet PY 2022 (PDF, 226KB) or contact your Kentucky REC advisor!
Contact the expert advisors at Kentucky REC with all your questions related to the QPP. We’re here to help: 859-323-3090.