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Healthcare Financial News - Medicare Announces Measure Specifications for the Physician Quality Reporting Initiative

Healthcare Financial News


Thursday, April 05, 2007
Medicare Announces Measure Specifications for the Physician Quality Reporting Initiative

The Centers for Medicare and Medicaid Services has announced the posting of detailed specifications for the 74 measures included in the 2007 Physician Quality Reporting Initiative. The measures apply to services that eligible professionals provide to Medicare beneficiaries in their offices and other settings.

PQRI establishes a financial incentive for physicians and other health practitioners to participate in a voluntary quality reporting program. Eligible professionals who successfully report data for a designated set of quality measures may earn a bonus payment, subject to a cap, of 1.5 percent of total allowed charges for covered Medicare physician fee schedule services provided during the reporting period of July 1, 2007, to Dec. 31, 2007. CMS anticipates a small number of additional specification changes, which may expand the applicability of the measures to additional eligible professionals. Read the overview.

posted on 4/5/2007 7:36:46 AM (CST)  Permalink