The Centers for Medicare & Medicaid Services (CMS) recently released the final rule for the Medicare Access and CHIP Reauthorization Act (MACRA), which will gradually replace the traditional Medicare payment system with a new focus on value-based reimbursement.
Becker’s Hospital Review recently posted a list of 10 things to know about the 2,000-plus page ruling. Among the highlights are emphases on patient care quality reporting and strategic implementation.
In a news release, CMS Acting Administrator Andy Slavitt said:
It’s time to modernize the Medicare physician payment system to be more streamlined and effective at supporting high-quality patient care. To be successful, we must put patients and clinicians at the center of the Quality Payment Program. A critical feature of the program will be implementing these changes at a pace and with options that clinicians choose. Today’s policies are designed to get all eligible clinicians to participate in the program, so they are set up for successful care delivery as the program matures.