CMS recently posted numerous resources alerting the public to the availability of incentive payments for eligible Qualifying Participants (QP) in APMs under the 2024 QPP. These resources provide details about APM incentive payments paid to QPs this year based on eligibility during the 2022 performance period; the process and methodology for identifying QPs and calculating incentive payments and a list of QPs with unverified banking information with instructions for how these clinicians can submit their billing information to CMS if they have not yet received a payment. Clinicians eligible for the incentive do not need to take any action to receive their payment unless CMS is unable to verify their Medicare billing information. However, clinicians with unverified banking information must verify their Medicare billing information by Sept. 1. After that date, any claim to an APM incentive payment for the 2024 payment period based on an eligible clinician’s QP status for the 2022 QP Performance Period will be forfeited.
2024 Learning Resources for QP Status and APM Incentive Payments available for download here or through the QPP Resource Library.
