CMS is giving medical doctors four "pick-your-pace" reporting options while ensuring that they do not receive a negative payment adjustment in 2019.
Prior to last week's announcement, physicians were facing full implementation of the of the value-based payment system for Medicare reimbursement under MACRA starting Jan. 1, 2017. The reporting requirements are considered onerous by many, and providers and payers pressed Medicare for postponement over the summer.
In Thursday's announcement, the Centers for Medicare & Medicaid Services granted physicians four "pick-your-pace" options to comply with MACRA's reporting requirements next year.
"By adopting this thoughtful and flexible approach, the Administration is encouraging a successful transition to the new law by offering physicians options for participating in MACRA. This approach better reflects the diversity of medical practices throughout the country," Andrew Gurman, MD, president of the Chicago-based American Medical Association, said in a prepared statement Thursday.
Christopher Cheney is the senior clinical care editor at HealthLeaders.