On Friday, October 14, 2016, the Centers for Medicare & Medicaid Services (CMS) released a 2,398-page final rule implementing the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) within the Medicare Physician Fee Schedule (MPFS). MACRA replaces the Medicare Sustainable Growth Rate methodology with a payment approach affecting clinicians paid within the MPFS. The MACRA final rule provides greater reporting flexibility with the Merit-Based Incentive Payment System in year one and more clarity on Advanced Alternative Payment Model eligibility criteria.
View a CMS-issued final rule executive summary here. BKD is analyzing the final rule and will provide updates with detailed information and insights as implementation rolls out. In addition, view our complimentary webinar, MACRA: Applications and Implications.
BKD also will host a webinar in January 2017 to provide a final rule overview and help identify implications and reporting and participation strategies.