The Merit-based Incentive Payment System (MIPS), the largest physician value-based care payment program, is aimed at continuous improvement in quality and healthcare costs. Not the first of its kind, MIPS or similar quality and cost related programs are here to stay. Physicians and APCs must understand the 2021 performance year thresholds, how to improve scores and what is on the horizon from CMS for continued success.

Currently, the Merit Based Incentive Program (MIPS) is the Centers for Medicare and Medicaid Services’ largest value-based care payment program