Note: Resource originally created Dec. 22, 2020 and updated on Feb. 27, 2024.

MIPS Value Pathways, or MVPs, are a voluntary reporting option that clinicians can participate in as an alternative to traditional MIPS or an APM Performance Pathway. MVPs have reduced complexity in reporting compared with traditional MIPS.

In the 2024 Medicare Physician Fee Schedule, CMS included five new MVPs, including the APTA-recommended Rehabilitative Support for Musculoskeletal Care MVP, or MSK MVP, to be available for Performance Year 2024. This MVP is the first of its kind, allowing a subset of physical therapists to meaningfully participate in CMS' QPP and be benchmarked with their clinical peers.