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    Continuing the transition from the traditional Merit-based Incentive Payment System (MIPS) reporting pathway, the Centers for Medicare & Medicaid Services (CMS) finalized 12 MIPS Value Pathways (MVPs) for optional reporting during the 2023 performance year.

    After delaying the implementation of MVPs in previous rulemaking, in the final CY 2023 Medicare physician fee schedule, CMS finalized five new MVPs and made refinements to the seven previously finalized MVPs for optional reporting during the 2023 Quality Payment Program (QPP) performance year. CMS’ stated goal for MVPs is to align reporting across a medical practice or specialty group, aligning reported measures relevant for a specialty, medical condition, or patient population. Each MVP will include measures from each of the four performance categories under traditional MIPS, plus a population health measure.

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