March 30, 2016
Beginning in 2017 – in just a few short months – all Medicare participating physicians will have to choose whether to have their performance measured under the MIPS program or to participate in an APM. It is expected that the MACRA proposed rule will lay out a plan to implement the MIPS program and propose a definition of the types of APMs that will be considered bonus-eligible.
On Monday, March 28, 2016 the Centers for Medicare & Medicaid Services (CMS) sent the highly anticipated Merit Based Incentive Payment System (MIPS) and Alternative Payment Models (APMs) proposed rule to the Office of Management and Budget (OMB) for review. The OMB review typically is the last step in the review process before a rule is released. While the OMB can take up to 90 days to review the rule, and can extend that 90 days if needed, in numerous recent public comments CMS has indicated that they intend to publish the MIPS/APM proposed rule in April or May 2016.
McDermottPlus’smulti-disciplinary team of clinicians, data analysts and regulatory and legislative experts are developing resources to help medical professional societies, health service providers and product companies understand and analyze thistransformative change to the Medicare physician payment system.
MACRA will have varying impact on different medical specialties and stakeholders. McDermottPlus is developing resources to help a broad range of these stakeholders disentangle and make sense of CMS’s proposals.
As one tool to assist stakeholders, we are pleased to provide the McDermottPlus MACRA Resource Center, a central repository on our website for all manner of MACRA-related resources, including notices from CMS, related news, and original analyses.
To get up to speed on MACRA issues before the proposed rule is released, check out our MACRA Update: What to Expect Next slides. This presentation provides highlights of MACRA-related recent activities as well as a timeline of upcoming anticipated releases and requests for stakeholder input by CMS and other agencies.
Check back frequently for new content and updates.