In 2020, the Centers for Medicare and Medicaid Services (CMS) finalized the implementation of the MIPS Value Pathways (MVPs)—a framework intended to streamline the Merit-based Incentive Payment System (MIPS) by connecting activities and measures across the four MIPS categories that are relevant to a specific specialty, condition, or population. The 2024 performance year is the second year MVPs are available as a voluntary MIPS participation pathway.
MVPs are composed of quality measures (including one outcome measure [or high-priority measure, if the outcome measure isn't applicable]), improvement activities, and cost measures relevant to the condition, specialty, or patient population. MVPs are also required to include a foundational layer made up of population health measures and the Promoting Interoperability performance category measures. While MVPs, at least for the foreseeable future, will continue to rely on current flawed MIPS policies that limit meaningful participation among surgeons, this pathway does include a slightly reduced reporting burden compared to traditional MIPS. In future years, CMS will propose additional MVPs.
MVPs can be reported by individual MIPS eligible clinicians, single specialty groups (a group that consists of one specialty type based on Medicare Part B claims), multispecialty groups (a group that consists of two or more specialty types based on Medicare Part B claims), l, or an APM Entity. If a surgeon or their group elects to participate in an MVP in 2024, they are required to register their MVP selection in advance.
To complete the MVP reporting requirements for the quality performance category, you must:
To meet the requirements for the Improvement Activities performance category, you must:
Medicare claims data are used to calculate cost measure performance, which means that there are no data submission requirements for this performance category. Each MVP includes cost measures that should be relevant and applicable to the MVP’s clinical specialty or medical condition.
The foundational layer of an MVP is made up of the Promoting Interoperability performance category and population health measures that are calculated through administrative claims. The components of the foundational layer apply to ALL MVPs regardless of clinical specialty or medical condition.
Promoting Interoperability Performance Category
The reporting requirements for Promoting Interoperability in MVPs are the same requirements as PI in traditional MIPS. Which means if you elect to report an MVP you must submit the same PI measures and attestations as those who report to traditional MIPS.
Population Health Measures
To complete the requirements for the population health measures, you must:
** Population health measures must be selected during MVP registration. The Population Health measures are calculated using administrative claims, you do not have to report any data for this measure. CMS will collect and calculate these data for you.