Industry Notes:
It's Not Too Late To Participate In PQRI
Published on Fri May 23, 2008
Envious of the 1.5 percent bonuses? You can join the program as of July 1 If you haven't jumped on the PQRI bandwagon yet, now's the time to get on board. CMS will honor an alternative reporting period this year that runs between July 1 and Dec. 1. "So insofar as professionals that have not begun to participate, this will give an additional opportunity to begin participation in PQRI for this year," according to information noted on a June 10 CMS open door forum (ODF). "The incentive payment of 1.5 percent for Part B services will only apply to that second half of the year, July 1 to Dec. 31, but nevertheless, professionals who report this way will be able to get that incentive payment," a CMS official said during the ODF. For more about the PQRI program, visit the CMS Web site at
http://www.cms.hhs.gov/pqri.