This hour-long ACP Leadership Academy Webinar sheds light on the complicated topics of MACRA, MIPS, and APMs.
MACRA (The Medicare Access and CHIP Reauthorization Act) is a bipartisan legislation that was signed into law in April of 2015. It’s is part of a broader push towards value and quality and it’s Congressional intent is as follows:
- Improve care for Medicare beneficiaries
- Change physician payment system from one focused on volume to one focused on value
To accomplish it’s goals, MACRA established 2 new revenue pathways:
- Merit-Based Incentive Payment System (MIPS)
- Alternate Payment Models (APMs)
Over time, MACRA will phase out Medicare’s fee-for-service. This webinar, presented by Shari Erickson, MPH, Vice President, Governmental and Medical Practice, at the American College of Physicians, explains how providers will be required to chose, or will land on, either the MIPS or APMs revenue track and expands on the requirements for each.