Wednesday Apr 15, 2015
Medicare legislation repeals flawed physician payment formula, avoids cuts
In addition to preventing the payment cut and ensuring annual positive or flat fee updates for 10 years, the legislation, also known as MACRA, establishes new payment options that offer incentives to physicians who participate in alternative payment models. Those who remain in the fee-for-service system and meet certain performance benchmarks may also earn incentive payments.
MACRA also extends funding by two years for CHIP and other programs of importance to family medicine. Additional information about the legislation is available on the AAFP website, and additional details will be available as the regulations are developed.
Posted at 10:39AM Apr 15, 2015 by Leigh Ann Backer