Physician & Practice Timeline®

The Final Score Preview period for the Merit-based Incentive Payment System (MIPS) is now open until the final performance feedback, including payment adjustments, is released in August 2023. The Final Score Preview Period provides clinicians with the opportunity to preview their final score prior to the release of payment adjustment information. The final score will determine your 2024 MIPS payment adjustment. To preview your 2022 MIPS final scores, sign up on the QPP webpage.

CMS has published 2023 Alternative Payment Model (APM) Incentive Payment details on the QPP page. Eligible clinicians who were Qualifying APM Participants (QPs) based on their 2021 performance should have begun receiving their 2023 5% APM Incentive Payments earlier this summer. Visit the 2023 Learning Resources for QP Status and APM Incentive Payment (ZIP) to learn more. Verify your Medicare billing information by September 1, 2023, for CMS to issue your APM Incentive Payment. For questions, email QualityPaymentProgramAPMHelpdesk@cms.hhs.gov or call 1-866-288-8292.

The American Medical Association (AMA) has contracted with Mathematica, to conduct a national study to collect representative data on physician practice expenses and hours spent in direct patient care. The Physician Practice Information Survey will collect data at the specialty level and will be shared with CMS to update the Medicare Economic Index (MEI) and the Resource Based Relative Value Scale (RBRVS). The survey will be administered from July 2023 until April 2024. You can find more information here.