Wednesday, May 13, 2015

Experts from ACP discuss MACRA H.R. 2, shift to value-based payments post-SGR

BOSTON — During a press conference at the American College of Physicians Internal Medicine Meeting, internists discussed key components of the Medicare Access and Chip Reauthorization Act H.R. 2 and its implications for clinical practice.The MACRA H.R. 2 was approved by the House of Representatives on March 26 by a vote of 392 to 37, and was approved by the Senate on April 14 by a vote of 92 to 8. The legislation was signed by the president on April 16. It nullifies the Medicare Sustainable Growth Rate (SGR) and replaces the 21% reduction in physician payments implemented under the SGR. Under the new legislation, Medicare will transition from volume-based provider payments to value-based payments.


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