New options, more quality measures in reporting system
This is the last year physicians and other eligible professionals can earn a Physician Quality Reporting System incentive payment.
The incentive payment will be 0.5 percent in 2016. If
practitioners do not satisfactorily complete the Physician Quality Reporting System (PQRS) requirements in 2014, payments will be lowered by 2 percent in 2016 for services provided under the Medicare physician fee schedule.
Individual eligible professionals and group practices have new options for reporting this year. The options are two of the many changes the Centers for Medicare & Medicaid Services (CMS) has made to the reporting system for 2014.