MACRA Final Ruling: Here's What to Know
The Medicare Access and CHIP Reauthorization Act (MACRA) is a landmark legislation that alters how Medicare reimburses physicians. The ultimate goal of MACRA is to navigate away from the traditional fee-for-a-service model, to a quality-based reimbursement model.
The initial rule, proposed in 2015, was met with criticism from much of the medical community for its stringent requirements and hasty preparation period. However, the final ruling, released October 14, 2016, has expanded flexibility and exemptions.
Here are the updates to know: