In April 2015, President Obama signed the Medicare Access and CHIP Reauthorization Act (MACRA) into law, effectively changing the playing field for healthcare reimbursements. The legislation repeals Medicare Part B Sustainable Growth Rate (SGR) reimbursement formula and replaces it with a new Quality Payment Program (QPP).
The proposed QPP consists of two tracks in a bid to reduce quality reporting burdens; Advanced Alternative Payment Models (APMs), and Merit-based Incentive Payment System (MIPS).
We reference this interesting white paper as it provides a closer look at MIPS, covering areas of interest such as:
- What is MIPS?
- Penalties & Incentives
- Impact of MIPS
- Ways to Prepare
MACRA is a controversial topic to many. Click HERE for information and join the conversation…