Posted by Anne Phelps, US Health Care Regulatory Leader, and Daniel Esquibel, Senior Manager, Deloitte & Touche LLP on March 18, 2016.
On March 17, 2016, Patrick Conway, Deputy Administrator for Quality and Innovation and Chief Medical Officer at the Centers for Medicare and Medicaid Services (CMS), testified at the House Energy & Commerce Health Subcommittee’s hearing on implementation of the new Medicare payment law, the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA).
Overview of MACRA
MACRA repeals the Sustainable Growth Rate (SGR) formula and establishes a path toward a new payment system that will more closely align reimbursement with quality and outcomes measures while steering health care providers to participate in risk-bearing coordinated care models and away from the fee-for-service reimbursement system. Continue reading “Pressing ahead: Update on Congress’s oversight of the implementation of MACRA”