The Centers for Medicare & Medicaid Services (CMS) has released the calendar year (CY) 2027 Medicare Physician Fee Schedule (PFS) final rule, outlining Quality Payment Program (QPP) changes that will take effect Jan. 1, 2027.
Key highlight
- Traditional Merit-based Incentive Payment System (MIPS) reporting will end after the 2030 performance period. Beginning with the 2031 performance period, MIPS Value Pathways (MVPs) will become the primary MIPS reporting option for MIPS-eligible clinicians who do not participate in a MIPS Alternative Payment Model (APM).
View the MVP transition timeline
Sleep medicine practices participating in MIPS should begin considering how the transition to MVPs may affect their quality reporting strategy, measure selection, and workflows well before traditional MIPS is retired after the 2030 performance period.
The AASM will continue to review the 2027 PFS final rule and provide members with information about changes that may affect sleep medicine practice and MIPS participation.
The full rule document and QPP fact sheet can be found below:
Learn more about the 2027 QPP policies
CMS will host a webinar reviewing the finalized 2027 QPP policies:
- Date: Thursday, Nov. 18, 2026
- Time: 3-4:30 p.m. ET
- Registration: Register for the CMS webinar
Members may send questions about the Quality Payment Program to quality@aasm.org.
