Medicare Access and CHIP Reauthorization Act of 2015
Medicare Access and CHIP Reauthorization Act of 2015 , commonly called the Permanent Doc Fix, is a United States statute. It changes the payment system for doctors who treat Medicare patients. It revises the Balanced Budget Act of 1997. It was the largest scale change to the American health care system following the Affordable Care Act in 2010.Provisions
MACRA's primary provisions are:
MACRA related regulations also address incentives for use of health information technology by physicians and other providers.
Under MACRA, the Secretary of the Department of Health and Human Services is tasked with implementation of a Merit Based Incentive, an incentive program that consolidates three incentive programs into one, for eligible physicians. The legislation allows for Advanced Alternative Payment Models. In 2026, the conversion factor for both programs will be set at 0.75%.
The Government Accountability Office in partnership with DHHS is set to assist in the implementation of nationwide electronic health records, while simultaneously comparing and recommending such programs for providers; the EHR goal is set for December 31, 2018 under MACRA.
The US is set to transition from a fee for service system, which allowed physicians and providers to bill Medicare and Medicaid for services they provided to their patients, to a based system using MIP, APM, and Accountable Care Organizations.Related