Finance & Enjoyment Blog

The Healthcare Reform Act of 2010 will bring many changes to Medicare payments to physicians. Most of these changes will occur in years after 2010, with the exception of payment amounts being increased for practices with low costs in 2010.
Starting in 2011, Physician Quality Reporting Initiative (PQRI) incentive payments will be increased by .5% every year until 2014. Whereas, if physicians do not participate in PQRI programs, they may face penalties in 2015. The Department of Health and Human Services (HHS) will be developing a ‘physician compare’ website, as well as applying a Budget Neutral Payment Modifier to Fee schedule in order to pay physicians based on quality of care. HHS will also make adjustments to incorrectly assessed Relative Value Units to properly reflect actual amounts.

Posted in Rules and Regulations »

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