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MACRA and Value-Based Payment Models: Regulatory Changes
MACRA, MIPS, and APMs...Oh My!
Currently, Medicare measures the value and quality of care provided by doctors and other clinicians through a patchwork of programs, including the Physician Quality Reporting System, the Value Modifier Program, and the Medicare Electronic Health Record (EHR) Incentive Program. Through the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), Congress streamlined and improved these programs into one new Merit-based Incentive Payment System (MIPS). Most Medicare clinicians will initially participate in the Quality Payment Program through MIPS.
Although only in a proposed state now, the rule would improve the relevance and depth of Medicare's value and quality-based payments and increase clinician flexibility by allowing clinicians to choose measures and activities appropriate to the type of care they provide. MIPS allows Medicare clinicians to be paid for providing high quality, efficient care through success in specific performance categories.
Alternatively, clinicians who take a further step towards care transformation--participating to a sufficient extent in Advanced Alternative Payment Models (APMs)--would be exempt from MIPS payment adjustments and would qualify for a Medicare Part B incentive payment.
This session was recorded live at our 2017 Annual Health Care Quality & Patient Safety Conference and is a portion of the online course entitled: A Multifaceted Approach to Health Care Quality and Patient Safety.
This course is intended for Physicians of all specialties, Nurses, and Other Health Care Professionals with appropriate CME credit and nursing contact hours offered for each profession.
ACCREDITATION & CREDIT
The American Board of Quality Assurance and Utilization Review Physicians, Inc. (ABQAURP) is accredited by the Accreditation Council for Continuing Medical Education to provide continuing medical education for physicians.
ABQAURP designates this enduring material for a maximum of
1.0 AMA PRA Category 1 Credit™
. Physicians should claim only the credit commensurate with the extent of their participation in the activity.
ABQAURP is an approved provider of continuing education for nurses. This activity is designated for 1.0 contact hour(s) through the Florida Board of Nursing, Provider # 50-94. CE Broker # 20-582969.
This program is approved for Category 2 credit by the American Osteopathic Association.
Valid Dates: July 26, 2017 through March 15, 2020. Original Release Date: May 19, 2017
Diplomate Members $29.00
Professional Members $34.00
Non Members $42.00
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