As part of the Centers for Medicare and Medicaid Services’ Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), providers will need to begin reporting quality measures through participation in either the Merit-Based Incentive Payment System (MIPS) or Alternative Payment Models (APMs), or surrender a percentage of their Medicare earnings for not participating.
In April, CMS issued a final rule to implement MACRA, which includes programs with changes to the Medicare fee-for-service reimbursement. This policy, scheduled to begin payments in 2019, is rooted in significant quality-driven incentives that will push value and pave the way for value-based programs beyond Medicare.
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