Here’s a guide for physicians on how to deal with CMS’s new value-based modifier.

As Medscape notes: “VBM could increase your income by up to 2% in the first year, or lower your income by 1% in 2015 and 2% in 2016.”

A VBM is  an incentive or a penalty to be applied to  a physician’s Medicare revenue, on the basis of how CMS has judged the quality and efficiency of  patient care.  And, Medscape reports, “under  bipartisan bills introduced in both houses of Congress, ‘value-based payments’ to doctors would entail incentives or penalties of 4% in 2017, rising to 10% in 2020 and possibly to 12% in 2021 and beyond. These amounts would combine the current bonuses and penalties in the VBM, the Physician Quality Reporting System (PQRS), and the meaningful use programs. These carrots and sticks would replace the loathed Sustainable Growth Rate (SGR).”

To read the entire guide, please hit this link.