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Medicare releases physician quality and cost performance reports; up to 6% Medicare payment at stake

Summary:

The Centers for Medicare & Medicaid Services (CMS) released two separate reports this week describing physician group practice results in the PQRS and Value-Based Payment Modifier (Value Modifier) programs during the 2015 calendar year. Practices that performed well may receive a Medicare payment bonus in 2017, while those who did not satisfactorily participate are subject to combined penalties of up to 6%. 

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