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The Medicare Access and CHIP
Reauthorization Act (MACRO)
An Overview for Physician Organizations
KEY POINTS
1. MACRO improves physician payment in traditional Medicare
2. MACRO repealed the flawed
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Who needs reauthorization act macra?
01
Medical professionals and healthcare providers who participate in the Medicare program need to adhere to the reauthorization act macra.
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Physicians, nurse practitioners, physician assistants, clinical nurse specialists, and certified registered nurse anesthetists are among those who need the reauthorization act macra.
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Additionally, eligible hospitals, critical access hospitals, and ambulatory surgical centers that provide Medicare services are also required to comply with the reauthorization act macra.
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The reauthorization act macra aims to advance the quality of care and promote value-based reimbursement among healthcare providers involved in the Medicare program.
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What is reauthorization act macra?
The Medicare Access and CHIP Reauthorization Act (MACRA) is a bipartisan legislation that was signed into law in 2015 to change the way Medicare pays physicians and other clinicians.
Who is required to file reauthorization act macra?
Physicians, nurse practitioners, physician assistants, clinical nurse specialists, and certified registered nurse anesthetists who bill Medicare Part B are required to participate in MACRA.
How to fill out reauthorization act macra?
To fill out MACRA, eligible clinicians can choose from two tracks: Advanced Alternative Payment Models (APMs) or the Merit-based Incentive Payment System (MIPS). They must report data on quality measures, cost, improvement activities, and promoting interoperability.
What is the purpose of reauthorization act macra?
The purpose of MACRA is to shift Medicare reimbursement from volume-based fee-for-service to value-based care, improve the quality of care provided to patients, and promote the use of health information technology.
What information must be reported on reauthorization act macra?
Clinicians must report data on quality measures, cost, improvement activities, and promoting interoperability.
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