The federal budget will extend incentive payments for alternative payment models for an additional year, through 2025. However, the incentive payments will be at 3.5% instead of 5%
Statistic Info
This incentive payment extension is being used as a way to promote the use of alternative payment models to help address cost and quality concerns in Medicare. By encouraging providers to switch to these new payment models, it is believed that more efficient, effective care will be provided while reducing costs.
Author: Medical Economics
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