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Live Updates  >  Live Update Details

2026-07-15 04:40:13

The Centers for Medicare & Medicaid Services (CMS) has announced significant reforms to the Medicare Shared Savings Plan, planning to discontinue the traditional Performance Incentive Payment System (MIPS) application process by 2029. Further explanation: This adjustment is a key step in the reform of the U.S. federal healthcare payment system. Its core purpose is to simplify the application process for healthcare providers and guide the healthcare service model from payment based on the quantity of services to payment based on value. Further detailed rules will be publicly solicited from the industry before formal implementation.

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