The MGMA reports that the final 2016 Medicare physician fee schedule has been released.

The Centers for Medicare & Medicaid Services (CMS) finalized the Medicare physician fee schedule (PFS) for 2016.

Key policies finalized in the 2016 payment rules include:

Finalizing the Home Health Value-Based Purchasing model.
Finalizing updates to the “Two-Midnight” rule.
Finalizing the End-Stage Renal Disease Quality Incentive Program.
Beginning the new physician payment system post the Sustainable Growth Rate (SGR) formula and supporting patient- and family-centered care.
Finalizing provision to empower patients and their families regarding advance care planning.

In a separate rule, CMS finalized changes to policies and payments regarding hospital outpatient and ambulatory surgical centers.

Visit the Federal Register to view the full final 2016 Medicare PFS. CMS also released a fact sheet on the final PFS. MGMA will analyze this extensive final rule and provide a detailed analysis as a member benefit in the coming weeks. Contact MGMA government affairs with questions by emailing or calling 202.293.3450, 877.275.6462 toll-free.