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CMS Finalizes MACRA Regulation Outlining New Medicare Payment System Implementation

Monday, October 17, 2016   (0 Comments)
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The Centers for Medicare and Medicaid Services (CMS) on Oct. 14 released final regulations to implement the Quality Payment Program (QPP) created by the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) beginning with the 2019 payment year. These regulations establish rules for clinician participation in the Merit-Based Incentive Payment System (MIPS). They also detail how to qualify for incentive payments based on participation in Advanced Alternative Payment Models (APMs).

Through its advocacy efforts, the College has worked with CMS and other health care organizations since day one to help shape the new Medicare payment system and ensure cardiovascular professionals can succeed in the new program. “This final rule demonstrates the complexity of moving to a value-based payment system under Medicare; however, we are encouraged to see that CMS has made several changes in the final rule based on comments by the clinician community. The College urges CMS to continue providing effective education and assistance to clinicians and their practices to ensure that this transition does not interfere with their ability to focus on their most important job: providing patient-centered care,” said ACC President Richard A. Chazal, MD, FACC.

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