MACRA is the Medicare Access and CHIP Reauthorization Act passed by the U.S. Senate on April 4, 2015. It goes into effect on January 1, 2017 and continues through December 31, 2026, replacing the Sustainable Growth Rate Formula. MACRA will directly impact eligible providers who are medical providers seeing a significant number of Medicare patients. This changes the dynamic of many compliance measures but promises to simplify all recent measures in healthcare to create a value-based healthcare model. drchrono will be MACRA certified by June 2017.
What does this mean for physicians?
Continue to practice within the guidelines of previous and current compliance programs such as Physician Quality Recording System (PQRS) and Meaningful Use. MACRA simplifies and combines pre-existing programs such as PQRS and Meaningful Use.
Make sure the EHR your practice is certified on existing certification guidelines and is planning on making improvements to meet new guidelines that are published.
Have a system in place in the event of loss of power or Internet access to allow your practice to continue to work with minimal disruption.
Enforce security and training standards for technology. Some suggestions include that each staff member have their own logins, have a unique and strong password, and maintain HIPAA compliance practices. For technology, make sure staff are familiar with their responsibilities in their EHR and on the device primarily used (computer, tablet, and smart phones).
Consider how your practice is going to work with your patient population on active care plans and Personal Health Record enrollment.
For smaller medical practices, automation is going to be the key to success. For larger practices, efficiency through duties and responsibilities will be important.
Work closely with billers to ensure that inputting ICD-10 codes and guidelines are being met while also tracking reports on amounts billed to CMS.
Updates on the guidelines will continue to be published from the Centers for Medicare & Medicaid Services (CMS) on MACRA up until January 1, 2017. Make sure you continue to look out for any future updates.
drchrono is on the forefront of innovating EHR technology and helps providers succeed in private practice.