CMS will give providers flexibility on MACRA requirements
By Admin | September 30, 2016
Originally slated to begin January 1, 2017, the Medicare Access and CHIP Reauthorization Act (MACRA) will now allow providers to meet requirements at a pace of their choosing.
CMS made the decision based on concerns from providers that they would not be able to comply with new regulations in time and remain in practice. Lawmakers had also raised concerns for small and rural practices, which said MACRA could force them to join hospitals or larger practices because of the required paperwork and payment changes.
Eligible physicians and clinicians will be given four options to comply with new payment schemes:
- Any reported data will allow providers to avoid a negative payment adjustment.
- Providers can submit data for a reduced number of days.
- Providers can follow the original due date of Jan. 1.
- Participation in an advanced alternative payment model such as a Medicare Shared Savings ACO.
For more information, read “CMS will give providers flexibility on MACRA requirements” from Modern Healthcare.