HIMSS May 19, 2015
Background
On April 16, President Obama signed into law H.R. 2 – Medicare Access and CHIP Reauthorization Act of 2015. The legislation permanently repeals the SGR and replaces it with a dual-mechanism approach that transitions physicians away from fee-for-service and towards merit-based and accountable care delivery. This act also sets new targets for the meaningful use of electronic health records (EHRs).
For physicians, this is a whole new world going forward. It is a world that incents their participation in alternative risk-based payment models and population health platforms. This change will be phased in over time. Volume-based payment cuts under the SGR will be replaced with a modest annual payment update of .5% through 2019. In 2019, physicians will...
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