Merit-based Incentive Payment System
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Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), (, ) commonly called the Permanent Doc Fix, is a United States statute. Revising the
Balanced Budget Act of 1997 The Balanced Budget Act of 1997 () was an omnibus legislative package enacted by the United States Congress, using the budget Reconciliation (U.S. Congress), reconciliation process, and designed to balance the federal budget by 2002. This act wa ...
, the Bipartisan Act was the largest scale change to the American health care system following the Affordable Care Act in 2010.


Provisions

MACRA's primary provisions are: * changes to the way Medicare doctors are reimbursed * increased funding * extension to the Children's Health Insurance Program (CHIP). MACRA related regulations also address incentives for use of health information technology by physicians and other providers. It created the Medicare Quality Payment Program. Clinicians can choose to participate in the Quality Payment Program through the Merit-based Incentive Payment System (MIPS) or Advanced Alternative Payment Models (APMs). MIPS is an incentive program that consolidates three incentive programs into one, for eligible physicians. APMs allow clinicians to earn incentives for participating in innovative payment models. In 2026, the conversion factor for both programs will be set at 0.75%. The
Government Accountability Office The U.S. Government Accountability Office (GAO) is a legislative branch government agency that provides auditing, evaluative, and investigative services for the United States Congress. It is the supreme audit institution of the federal govern ...
in partnership with DHHS is set to assist in the implementation of nationwide electronic health recordsH.R.2 - Medicare Access and CHIP Reauthorization Act of 2015
/ref> (EHR), while simultaneously comparing and recommending such programs for providers; the EHR goal is set for December 31, 2018 under MACRA. The US is set to transition from a fee for service system, which allowed physicians and providers to bill Medicare and Medicaid for services they provided to their patients, to a pay for performance based system using MIP, APM, and Accountable Care Organizations (ACO).


Related

* Health Insurance Portability and Accountability Act (HIPAA)


References


External links

* * * * {{cite web, title=MACRA, url=https://www.aapc.com/macra/, website=AAPC.com Acts of the 114th United States Congress Healthcare reform legislation in the United States Presidency of Barack Obama United States federal health legislation