MACRA - the Medicare Access & CHIP Reauthorization Act of 2015
- is set to transform the way the federal government delivers and pays for
healthcare. MACRA replaces the sustainable growth rate (SGR) Medicare Part B
reimbursement model with a value-based payment system designed to lower costs
and improve healthcare quality. MACRA will replace PQRS, value-based modifier
(VBM) and meaningful use with two payment tracks:
- Merit Based Incentive Payment
System (MIPS)
- Alternative Payment Models (APMs)