Advanced Alternative Payment Model
One of the two tracks in the Quality Payment Program intended for clinicians at the forefront of value-based population health management. A subset of APMs, Advanced APMs bear more than nominal financial risk for losses. In 2017, only a small number of Medicare demonstration models are included in the advanced APM category, including the Next-Generation ACO Model and Comprehensive Primary Care Plus.
Advancing Care Information
This is one of the Merit-based Incentive Payment System performance categories. It replaces the Medicare EHR Incentive Program, also known as meaningful use.
A payment approach that provides additional incentives to clinicians to provide high-quality and cost-efficient care for a care episode, a patient population or a specific clinical condition.
The new Medicare physician payment program that encompasses the MIPS and Advanced APM tracks.
MACRA (Medicare Access & CHIP Reauthorization Act)
The 2015 federal law that repealed the sustainable growth rate formula and set the stage for the QPP.
The QPP track that the majority of clinicians will be in, at least initially. MIPS is a pay-for-performance system. Clinicians receive annual bonuses or penalties beginning at 4 percent in 2019 the first payment year, based on their performance.