The proposed rule for the MACRA program has been announced. Here’s an acronym laden summary of what MACRA did (Worth noting that CHIP is the C in MACRA for those keeping track of acronyms at home).
MACRA creates a QPP.
MACRA ends SGR
MACRA creates two paths: MIPS and APMs.
MIPS and APMs timeline from 2015 through 2021.
MIPS combines PQRS, VM (or VBPM if you prefer), and Medicare EHR (MU and Certified EHR) into 1 program.
APMs include ACOs, PCMH, and bundled payments.
MU is now ACI.
If you’re not sure about some of the acronyms above, you can find their longer names here. Good thing they simplified and streamlined the various programs!
We’ll be becoming friends with the acronyms MIPS and APMs. Here’s a good summary PDF of MACRA as well. More details to come.
UPDATE: In a bit or irony, Andy Slavitt posted this acronym free video about MACRA:
