The Centers for Medicare and Medicaid Services on Friday released the final version of its physician Quality Payment Program under Medicare Access & CHIP Reauthorization Act (MACRA) that it said adds flexibility like 90-day reporting to the program to overhaul how physicians are paid under Medicare. MACRA goes into effect January 1, 2017 and this year’s penalty for not participating will be 4%, which will be seen on MCARE 2019 reimbursements. CMS is giving providers who are not fully prepared to start reporting on quality measures for 2017 the option to pick a 90-day reporting period instead of having to report for the full year.
MEDELECT, Inc.'s EHR system will be MACRA compliant and capable of reporting these measures. For those who are interested, please contact us at firstname.lastname@example.org for more information.
MEDELECT, Inc. provides consulting services where we work with you one on one to determine the best way for you to be compliant in 2017.
For more detailed information about CMS MACRA and MIPS, please visit: https://qpp.cms.gov/