Friday, October 14, 2016

MACRA - Quality Payment Program Begins Soon


MACRA - Quality Payment Program Begins Soon


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)
To assist practices with these changes, Quality Payment Program (QPP) Resource Centers will be established as early as November 2016 to answer questions and provide direct technical assistance and support at no cost to practices with 15 or fewer clinicians. If you would like to be notified of the QPP Resource Center serving your practice, CLICK HERE.  For additional information, visit ILHITREC's  MACRA website or Telligen's MACRA website.