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Physician Advisor’s Corner: Medicare reports on 2016 physician value modifier

by Richard D. Pinson, MD, FACP, CCS

The value modifier (VM) is Medicare’s physician pay-for-performance program that rewards or penalizes physicians for the quality and cost of care they provide. For calendar year 2015, Medicare began applying the VM to professional fees paid under its Professional Fee Schedule for physicians in groups of 100 or more providers.

 

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