[#HITsm chat 8.12.16] MACRA

Participate on Twitter by tweeting at us & our participants using the hashtag #HITsm – every Friday, 11 am CT. 

T1:  What is your impression of MACRA on a high level? #HITsm

T2:  What does MACRA mean for solo practices or small groups? #HITsm

T3:  How can organizations prepare for MACRA now? #HITsm

T4:  What is the relationship between MIPS and MACRA? #HITsm

T5:  How will patients feel the impact of these changes? #HITsm

Suggested reading:

What healthcare CIOs need to know about MACRA

It is important that we understand this regulation and assist the organization in the journey towards value-based care. – David Chou

Medicare Access and CHIP Reauthorization Act (MACRA)

Signed into law in 2015 and fleshed out by the U.S. Centers for Medicare and Medicaid Services (CMS) in spring 2016, MACRA aims to create a value-based model for how physicians and other health care providers are paid for the clinical services they provide to Medicare patients. It replaces the unpopular Sustainable Growth Rate (SGR) payment structure with a system that rewards value-based care. It also consolidates existing reimbursement programs into one streamlined structure. CMS expects to implement MACRA’s components over the next several years.

– Excerpt from 12 MACRA Definitions You Need To Know