Clinical, Financial and Administrative Insights For Physicians

5 Key Alternative Payment Models (APM) Concepts Physicians need to know Today

Posted by Suzanne Prasad

What is APM?

After years of physician payment cuts based on a flawed Medicare sustainable growth rate, the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA)  establishes two payment tracks from which physicians must choose beginning in January 2019: the Merit-Based Incentive Payment System (MIPS) or an Alternative Payment Model (APM). This article focuses five concepts physicians need to understand about APMs. In a followup post next week, we will provide an explaination on MIPS. 

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