OCT 15, 2014
Payment in Peril - What Every Ophthalmologist Should Know About the Value-Based Modifier and Its Payment Penalties
By Christi Foist
Time is winding down to the Oct. 31 deadline for Academy members to sign up with the Academy’s IRIS™ Registry to use the Web-based portal option to report 2014 Physician Quality Reporting System measures. Physicians who do not report for PQRS in 2014 face a 2 percent 2016 penalty. Practices of 10 or more eligible professionals (MDs and ODs) face an additional penalty in 2016 for failure to participate in PQRS in 2014.