ACUTE CARE, INC. supports the American College of Emergency Physicians’ (ACEP’s) effort to encourage Emergency Physician participation in the development and testing of the first Emergency Medicine-specific cost measure.
There’s considerable additional information in the linked post, above, but the author, Jefferey Davis, ACEP’s Director of Regulatory and External Affairs, provides this summary:
To sum up, there are four main reasons why you should participate:
- First and foremost, participating will give you a direct opportunity to influence a measure that, if finalized, will have a significant impact on your Medicare reimbursement (since, again, the Cost category represents 30 percent of your MIPS score going forward).
- As a participant, you will receive access to mock feedback reports detailing your performance on the draft measure. These reports will include useful data that may give you some interesting insights and perspective on the cost of the care you are delivering for common episodes of emergency care.
- If the measure is adopted and incorporated into the emergency-medicine MVP, participating in field testing now will help you prepare for the launch of the MVP in 2023.
- Participating will also give you more experience evaluating the cost of the care you deliver, as new cost-based measures are adopted not only by Medicare, but by other payors as well down the road.
In all, we are excited about this great opportunity to influence the first, and only, emergency medicine-specific cost measure. Again, this is an extremely important measure that may be incorporated into MIPS and perhaps into the emergency medicine MVP as well. We hope you will consider providing feedback on the measure during field testing!
Chief Operating Officer