2015 physician value-based payment modifier: what you need to know.

Value-Based Payment Modifier Timeline Year Action 2012 CMS provided confidential feedback reports to all successful PQRS participants to demonstrate the type of information that will be used to calculate the VBM 2013 Initial performance period began for large group practices only (>100 eligible professionals) 2014 Performance period begins for group practices with >10 eligible professionals. 2015 • Initial application of the payment modifier for large group practices only (>100 eligible professionals) based on 2013 performance • Performance period begins for ALL physicians 2016 Application of the payment modifier to group practices with >10 eligible professionals based on 2014 performance 2017 Application of the payment modifier to ALL physicians based on 2015 performance