Are you ready for MACRA?

Almost half of physicians in the U.S. do not really know what MACRA is.

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MACRA is the Medicare Access and CHIP Reauthorization Act of 2015. MACRA will make large changes to how physicians are paid under Medicare.

The goal of MACRA is to reform care delivery and payment for the U.S. health system. It is supposed to change healthcare from fee-for-service to coordinated care models.

This shift has many physicians worried. The American Medical Associate and the American Academy of Family Physicians have also expressed concerns about MACRA.

According to a survey by Deloitte, most physicians would rather maintain the fee-for-service model, as opposed to shifting to value based care.

Advocates for the law think that it will lead to better care and more satisfied physicians. It will allow a sense of control and more flexibility for physicians and their patients.

We help our clients understand new legislation and regulations and the impact it may have on their practice.

How should you prepare your practice for MACRA?

First, keep using your certified electronic health record, as it’s a requirement of the program.

Also, learn more about the potential benefits of the program, such as the ‘practice improvement’ areas, which have possible rewards.

Make sure to research the quality measures too.

While MACRA may be delayed, it is currently scheduled to be finalized in November, with implementation by practices scheduled for January 2017.

In our next blog post, we will keep you informed of related issues.  To get this important information delivered directly to your mail box, click here to Subscribe.

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P.S. If you or your patients are interested in consumer healthcare issues, check out myhealthspin.com.

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