In relation to Value Based Purchasing, MIPS and APM answer the following:
1. Define the basics of the three initiatives.
2. How will Value Based payments factor into the MIPS and APM programs?
3. What are the barriers to implementation of MIPS and APM?
4. What recommendations would you have for a physician who must choose from participating in MIPS or APM?
5. Do you think value based programs are helpful in reducing healthcare costs.