DecisionHealth, DecisionHealth - 2023 Issue 7 (July)

In QPP, CMS raises bonus floor, floats new APM conversion factor

Most participants in the Quality Payment Program (QPP) won’t see significant changes in reporting requirements in 2024, but CMS is cooking up big future reforms. Statutory requirements in the program’s seventh year will likely result in a new payment threshold for Merit-Based Incentive Payment System (MIPS) participants and a new “qualifying APM conversion factor” method, along with other changes for Advanced APM participants.

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