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CMS recently announced that it advanced a demonstration that would waive Merit-Based Incentive Payment System (MIPS) requirements for eligible clinicians participating in at-risk Medicare Advantage plans.
If approved, the Medicare Advantage Qualifying Payment Arrangement Incentive (MAQI) demonstration would apply to eligible clinicians sufficiently involved in Medicare Advantage plans that resemble Advanced Alternative Payment Models (Advanced APMs).
Currently, eligible clinicians in risk-based Medicare Advantage plans must still report to MIPS. Medicare Advantage plans do not qualify for Advanced APM incentive payments even if the plan meets the requirements for Advanced APM inclusion unless the clinicians also partake in qualifying Medicare alternative payment models.