When the federal Sustainable Growth Rate (SGR) rollercoaster ended in repeal, physicians across the country sighed with relief. There would be no more waiting for Congress to modify the automatic double-digit reductions that the annual SGR calculations threatened. However, the reality of the new reimbursement adjustments looming from the legislation that replaced the SGR, now known as MACRA (Medicare Access and Children’s Health Insurance Program Reauthorization Act), is right around the corner.
Physicians who manage patients who have Medicare coverage will need to select 1 of 2 possible reimbursement options under MACRA:
- Alternative payment models (APMs)
- Merit-based incentive payment system (MIPS).