Modern Healthcare November 29, 2017
Many organizations are scrambling to figure out how to meet requirements for CMS’ new quality payment program under the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA). But while MACRA may be confusing, the underlying principles are simple: provide good care, do it at as low a cost as possible, use HIT as an underpinning for that care and continue to improve your practice.
The reality is, the concepts in MACRA aren’t unique to clinicians who treat Medicare patients: Most public and private insurers are moving from a fee-for-service model, where they pay for volume, to value-based payment models, which consider the quality of care and costs. MACRA supports this nationwide change by working toward aligning how all insurers...