In 2015, Congress passed the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), which further pushed providers and CMS down the path of value-based reimbursement and away from fee-for-service reimbursement. Effective in 2017, MACRA requires CMS, through the Merit-Based Incentive Payment System (MIPS), to consider quality, cost, advancing use of clinical information, and other clinical practice improvement activities in determining how much to adjust clinicians’ Medicare Part B payments. MACRA also incentivizes provider participation in various Alternative Payment Models (APMs) by providing additional compensation to qualifying participants.
For further information on MACRA and how to prepare for its approaching implementation, request a recording of the special June edition of our free webinar series, Podcast, which took place on June 23, 2016. Through a panel discussion, we highlighted issues that affect providers as well as our recommendations to providers that will allow them to take full advantage of the changing Medicare reimbursement structure. Webinar attendees learned how to:
If you would like to learn more about this topic and how Coker can assist your organization, call 1-800-345-5829 x2021 to speak with Ellis “Mac” Knight, MD, MBA, Senior Vice President/CMO.