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I received a lump sum of money with the remit message P4R. What is this money for?

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I received a lump sum of money with the remit message P4R. What is this money for?

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Participating physicians from the 2007 PQRI Reporting Period received their bonus payment as mandated under the 2007 Physician Quality Reporting Initiative (PQRI) on or around July 18, 2008. For paper checks, contractors placed an explanatory message on the P4R (Pay for Reporting) lump sum bonus payments that stated: “This check is for a P4R payment.” For electronic transmissions, provider adjustment code “LS” (lump sum) appeared in PLB03-1 on the outgoing 835. More information about the PQRI program, including how eligible professionals can participate and the criteria to qualify for an incentive payment is available at www.cms.hhs.gov/PQRI.

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