CY 2023 Physician Fee Schedule Proposed Rule Summary Part III – Quality Payment Program Updates

On July 7, 2022, CMS placed on public display a proposed rule relating to the Medicare physician fee schedule for CY 2023 and other revisions to Medicare Part B policies. The proposed rule is scheduled to be published in the July 29, 2022, issue of the Federal Register. If finalized, policies in the proposed rule generally would take effect on January 1, 2023. The 60-day comment period ends at close of business on September 6, 2022. HFMA is providing a summary in three parts. Part I covers sections I through III.N (except for Section G: Medicare Shared Savings Program Requirements) and the Regulatory Impact Analysis. Part II covers the Medicare Shared Savings Program Requirements. Part III covers the updates to the Quality Payment Program, including the Traditional Merit- based Incentive Payment System (MIPS), MIPS Value Pathways, and the Alternative Payment Model Incentive.

Download the fact sheet