Medicare Access and CHIP Reauthorization Act of 2015 (MACRA)
In April 2015, the President signed into law the Medicare Access and CHIP Reauthorization Act of 2015 (HR 2, also known as MACRA). This law repealed the flawed Medicare sustainable growth rate (SGR) formula that calculated payment cuts for physicians. MACRA establishes an alternative set of predictable annual baseline payment updates and two payment tracks: the alternative payment model (APM) track and the Merit-Based Incentive Payment System (MIPS) track.
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