MVPs Demystified: Streamline MIPS Reporting with MIPS Value Pathways in 2024

Article Summary


The Centers for Medicare & Medicaid (CMS) intend to sunset the traditional Merit-based Incentive Payment System (MIPS) under the Quality Payment Program (QPP), so providers and healthcare groups must know how to confidently navigate its replacement — the MIPS Value Pathways (MVP) — using a comprehensive approach to data collection and reporting.

Insights MVPs Reporting Value Pathways

The Merit-based Incentive Payment System (MIPS) is undergoing a significant transformation with the introduction of MIPS Value Pathways (MVPs). Finalized in the November 2, 2023 Physician Fee Schedule (PFS) Final rule for Performance Year 2024, MVPs are poised to become the primary reporting structure for MIPS participants in the future.  Until then, healthcare organizations can benefit from the early adoption of MVPs, gaining familiarity before they become mandatory. 

The introduction of MVPs is part of an ongoing effort by the Centers for Medicare & Medicaid Services (CMS) to enhance MIPS.  MVPs are designed to make reporting and participation in MIPS more relevant and meaningful for specific specialties or medical conditions while also keeping patients at the center of informed decision-making in clinical settings. Just like traditional MIPS, healthcare teams can use MVPs to gain analytic insights, identify care gaps for each measure, and work to address these gaps to improve quality.

It is beneficial for providers to submit measure data using both MVPs and traditional MIPS, as CMS will apply the higher score achieved. Meanwhile, providers can improve their efficiency in navigating MVP reporting, maintenance, and measure requirements by gaining a clear understanding of the pathways, especially considering the policy changes that will take effect in 2024.

MIPS Value Pathways (MVPs) Demystified

CMS has actively revamped MIPS reporting options through initiatives outlined in the CY 2023 Physician Fee Schedule (PFS) Final Rule and subsequent CY 2024 updates to the Medicare Shared Savings Program (MSSP). These improvements culminated in the development of MIPS Value Pathways (MVPs), a streamlined reporting framework designed to ease participation and promote value-based care.

Clinicians in 2023 had three MIPS reporting options: MVPs, traditional MIPS, and APM Performance Pathway (APP). However, CMS plans to phase out traditional MIPS in the future, making MVP reporting mandatory unless clinicians opt for APP.

To report an MVP, advance registration is required, and each MVP consists of a subset of measures and activities tailored to specific medical specialties or conditions.

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Source: CMS, MIPS Value Pathways (MVPs), retrieved from https://qpp.cms.gov/mips/mips-value-pathways.

2023-2025 MVPs Eligibility and Scoring

  • Specialty determination: For the performance year 2023 – 2025, Medicare Part B claims and the National Plan and Provider Enumeration System (NPPES) define specialties for MVP participants.
  • Eligible participants: Individuals, single/multi-specialty groups, subgroups, and APM entities can participate.
  • Multi-specialty groups: Mandated to report as subgroups starting in the 2026 performance year.
  • Eligibility changes: Subject to public feedback and potential modifications.

MVPs Scoring Highlights

Quality: CMS will select the top 4 performing quality measures (similar to MIPS).

Improvement activities: CMS will award 20/40 points for medium/high-weighted activities (differs from MIPS).

Cost & Promoting Interoperability: CMS will collect Cost data using Medicare Part B claims while the Promoting Interoperability requirements are identical to traditional MIPS.

Final score: Aligns with traditional MIPS performance category weights.

Focus: Priority is given to health equity and performance-enhancing activities.

New and Finalized MVPs for the 2024 Performance Year

The MVPs were expanded from the 12 available in the 2023 performance year to 16 available in the 2024 performance period.

Two MVPs from 2023 (“Optimizing Chronic Disease Management” and “Promoting Wellness”) were combined to create the newly adopted “Value in Primary Care” MVP in addition to four other new MVPs covering new medical conditions and specialties.

The five new MVPs for PY 2024 are as follows: 

  • Women’s Health: Focusing on Women’s Health.
  • Otolaryngology: Quality Care for the Treatment of Ear, Nose, and Throat Disorders.
  • Infectious Disorders: Prevention and Treatment of Infectious Disorders, including Hepatitis C and HIV.
  • Mental Health and Substance Use: Quality Care in Mental Health and Substance Use Disorders.
  • Musculoskeletal Care: Rehabilitative Support for Musculoskeletal Care.

Below is the list of all finalized MVPs for the 2024 performance year:

G0057   Adopting Best Practices and Promoting Patient Safety within Emergency Medicine

M0001  Advancing Cancer Care

G0055   Advancing Care for Heart Disease

G0053   Advancing Rheumatology Patient Care

G0054   Coordinating Stroke Care to Promote Prevention and Cultivate Positive Outcomes

G0058   Improving Care for Lower Extremity Joint Repair

M0002  Optimal Care for Kidney Health

M0003  Optimal Care for Patients with Episodic Neurological Conditions

G0059   Patient Safety and Support of Positive Experiences with Anesthesia

M0004  Supportive Care for Neurodegenerative Conditions

M1366  Focusing on Women’s Health

M1367  Quality Care for the Treatment of Ear, Nose, and Throat Disorders

M1368  Prevention and Treatment of Infectious Disorders Including Hepatitis C and HIV

M1369  Quality Care in Mental Health and Substance Use Disorders

M1370  Rehabilitative Support for Musculoskeletal Care

M0005  Value in Primary Care

MVP Participation Dates Providers Should Know

As mentioned earlier, CMS is expected to sunset traditional MIPS in future legislation, at which point MVPs will become mandatory unless the clinician qualifies to report the APP. In the meantime, CMS has publicized important milestone dates to facilitate a smoother transition to MVPs, including the following:

  • April 1 – November 29, 2024: PY 2024 MVP and Subgroup Registration.
  • July 2024: 2025 Physician Fee Schedule (PFS) Proposed Rule released with newly proposed MVPs and potential modifications to existing MVPs for PY 2025.
  • November 2024: 2025 Physician Fee Schedule (PFS) Final Rule released with finalized MVPs for PY 2025.
  • January 1 – March 31, 2025: PY 2024 Data Submission Period.

Transitioning to MVPs Effectively with a Comprehensive Quality Measures Solution

Such regulatory changes may introduce data quality and management challenges for ACOs, clinicians, and practices as they migrate to reporting MVPs, making it crucial to stay updated on the most recent policy changes and emerging best practices.

Fortunately, the Health Catalyst ambulatory measures solution offers a comprehensive approach by integrating an organization’s data from various sources, compiling measures from multiple programs, and providing detailed performance visualizations. This streamlines the process of monitoring, improving, and submitting performance to CMS, creating a more efficient workflow for users and enabling providers to more easily identify and address gaps in care. 

Additional Reading

Would you like to learn more about this topic? Here are three articles we suggest:

A Complete Guide to MIPS Quality Measures

Data-Informed MIPS Improvement Efforts Drive Improved Quality Scores and Increased Revenue

The Top Four Examples of Quality Improvement in Healthcare

MIPS and CY 2024: QPP Updates You Must Know to Boost Your Bottom Line

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