The Centers for Medicare & Medicaid Services (CMS) established the Physician Quality Reporting System to allow eligible professionals to participate in a voluntary quality-reporting program. Eligible professionals, who successfully report a designated set of quality measures on claims for the reporting period, receive an annual incentive payment.
The annual incentive payments for the 2011 reporting period were issued on October 24, 2012.
If you receive an electronic remittance notice, your Physician Quality Reporting System incentive payment can be identified by the following message –“ LE-P4R”.
If you receive a paper remittance notice, your Physician Quality Reporting System incentive payment can be identified by the following message - “This is a PQRS incentive payment”.
For more information on the Physician Quality Reporting System, access the following link:
http://www.cms.gov/Medicare/Quality-Initiatives-Patient-Assessment-Instruments/PQRS/index.html
Reference: http://medicare.fcso.com/Billing_news/246314.asp
Blogger Widget
Popular Posts
-
Modifier - as the name implies a modifier will modify a service / procedure or an item under certain circumstances for appropriate reimbur...
-
An OPPS payment status indicator is assigned to every HCPCS code. The status indicator identifies whether the service described by the H...
-
Claim Adjustment Reason Codes (CARC) CO-22 or PR-22 This care may be covered by another payer per coordination of benefits. CO-19 This is...
-
This procedure is medically necessary only when it requires the professional skills of a therapist, is designed to address specific ne...
-
Definition: The “-59” modifier is used to indicate a distinct procedural service. The physician may need to indicate that a procedure or...
-
Mohs surgery, also known as chemosurgery, created by a general surgeon, Dr. Frederic E. Mohs, is performed to remove complex or ill-defi...
-
Ambulance transportation is a covered service when the patient’s condition is such that the use of any other method of transportation would...
-
AAPC’s Certified Professional Coder (CPC) credential is the gold standard for medical coding in physician office settings and held by more ...
-
This procedure may be medically necessary for training patients whose walking abilities have been impaired by neurological, muscular, o...
-
Sentinel lymph node identification and biopsy typically involves a multidisciplinary approach. A nuclear medicine procedure called lymph...
