The deadline to conduct an informal review of your 2016 value modifier under the Physician Quality Reporting System (PQRS) is Nov. 9, 2015.
The Centers for Medicare & Medicaid Services announced the preview of 2014 annual Quality and Resource Use Reports for all group and solo providers nationwide, accessible by taxpayer identification number. Reports also are available for participants in the Medicare Shared Savings Program, the Pioneer ACO Model, or the Comprehensive Primary Care Initiative in 2014.
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The reports show 2014 performance levels on quality and cost measures that will be used to calculate the 2016 value modifier. For groups of 10 or more, the report also will show the affect of the modifier on their physician fee schedule payments. For smaller groups and solo providers, the report is informational only and will not affect payments.
The report can be accessed on the CMS Enterprise Portal. The agency’s website also provides information on how to access the report.