MACRA in 30 Seconds

The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) does, essentially three things:

  • Replaces the Medicare sustainable growth rate formula used to calculate payments to physicians
  • Establishes two payment tracks that reward physicians for providing higher quality care
    • Merit-based Incentive Payment System (MIPS)
    • Advanced Alternative Payment Models (AAPMs)
  • Consolidates existing quality reporting programs and adds a new performance category into a single system (via MIPS)

Our MACRA in :30 infographic provides a snapshot of MACRA’s impact on reimbursements and reporting.