October 2, 2015
This summer, Congress passed the Medicare Access and CHIP Reauthorization Act of 2015. (MACRA). The president signed this into law on April 14.
In this latest law related to health care reform, the Physician Quality Reporting System, value-based payment modifier, the electronic health records incentive program and the Sustainable Growth Rate formula will come to an end. These programs will be replaced by the merit-based incentive payment systems, alternative payment models and a physician-focused payment model.