hfm Magazine
Beginning in 2019, the Centers for Medicare & Medicaid Services (CMS) will implement a new payment system under which providers will be rewarded for delivering high-quality, cost-effective care and encouraged to shift toward alternative payment methodologies. Although the changes outlined in the Medicare Access and CHIP Reauthorization ACT (MACRA) will not take effect for several years, providers that hope to succeed under the new payment methodology need to begin making changes now. This article presents an overview of MACRA’s two-track payment system and the numerous (and significant) implications of MACRA for healthcare providers.
