The new Administration is hitting the pause button on several Medicare payment reform initiatives, including bundled payment initiatives, according to an interim final rule (IFR) published this week in the Federal Register.
As the MACRA transition gets underway, it will be crucial for providers to use 2017 to get their IT capabilities up to speed in order to be successful under the new law.
Due to the high volume of new ICD-10 procedure and diagnosis codes released on October 1, 2016, the CMS was unable to update all of the PQRS measures. As a result, CMS will not penalize eligible providers or group practices that fail “to satisfactorily report for CY [calendar year] 2016 solely as a result of the impact of ICD-10 code updates on quality data reported for the 4th quarter of CY 2016.”
The president-elect has announced his picks to lead HHS and CMS, including an outspoken critic of the Affordable Care Act (ACA).
While the final rule contains many different provisions, this article looks at the advantages and disadvantages of four MACRA options providers can choose to implement in 2017.