MACRA – On Your Mark, Get Set
MACRA has repealed the sustainable growth rate (SGR) and the associated cuts to the physician fee schedule. SGR was replaced by the Medicare Access and CHIP Reauthorization Act (MACRA). MACRA replaces several Medicare reporting systems and creates two new value-based programs: the Merit-Based Incentive Payment System (MIPS) and Advanced Alternative Payment Models (AAPM). Both programs are scheduled to begin January 1, 2017. Most physicians will be subject to the MIPS program.