New MGMA MACRA rule executive summary

Originally published in the November 9, 2016 issue of MGMA’s Washington Connection
Reprinted with permission from MGMA

MGMA’s new executive summary condenses this extensive regulation to six pages of key issues impacting medical practices. On October 14, the Centers for Medicare & Medicaid Services (CMS) released a final rule implementing the new Merit-Based Incentive Payment System (MIPS) and advanced alternative payment models (AAPMs), which take effect on Jan. 1, 2017. As a direct result of MGMA advocacy, the final quality payment program (QPP) rule significantly mitigates the administrative burden for group practices in MIPS and continues to increase opportunities to move away from MIPS into APMs. To help physician practice leaders understand the final policies and prepare for the transition to MIPS and AAPMs, MGMA Government Affairs created a detailed  resource, which answers commonly asked questions about these new programs and outlines five action steps to consider ahead of 2017.


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