PQRI
On
December 20, 2006 the President signed the Tax Relief and Health
Care Act of 2006 (TRHCA). Section 101 under Title I authorizes
the establishment of a physician quality reporting system by
CMS. CMS has titled the statutory program the Physician Quality
Reporting Initiative (PQRI).
PQRI establishes a financial incentive for eligible professionals to participate
in a voluntary quality reporting program. Eligible professionals who successfully
report a designated set of quality measures on claims for dates of service from
July 1 to December 31, 2008, may earn a bonus payment, subject to a cap, of 1.5%
of total allowed charges for covered Medicare physician fee schedule services.
PQRI replaces the Physician Voluntary Reporting Program (PVRP). This new initiative
includes a payment incentive from Medicare. For more information click here.
Reports
Participation in PQRI requires that you begin submitting Category II codes on
July 1 of 2008 through your claims. You do not have to sign up to participate
simply begin sending the appropriate codes. However, if you would like to receive
reports on the data and how your practice is performing you may enroll for a
QNet Exchange account.