Part Three: The Broader Impact of MACRA

Conclusion This MACRA final rule is the start of a long journey in Medicare fee-for service payment reform, brought about by rare bipartisan Congressional compromise legislation based on the common understanding that for Medicare to achieve long-term sustainability, volume-based incentives need to be replaced with rewards for quality and patient-centered care. To come in future years are more rigorous targets, including scoring for cost performance with CMS providing clinical feedback to clinicians on their reported performance. We especially note the importance of MACRA for manufacturers, as APMs and MIPS will increasingly influence care patterns in favor of treatments that improve downstream clinical, financial and patient-reported outcomes. Industry can help physicians understand the programs, their options and how their products fit into the value equation.       Related StoriesPart Two: MACRA More MIPS, and APMsPart One: MACRA Overview and MIPSLong-Awaited MACRA Rule Released 
Source: Policy and Medicine - Category: American Health Authors: Source Type: blogs