The MMA, along with 119 other specialty societies and state medical associations, signed onto a letter dated June 3 urging Congress to make further refinements to improve MACRA (Medicare Access and CHIP Reauthorization Act).
called on Congress to replace the 2020-2025 physician payment update freeze with positive payment adjustments for physicians, extend the Advanced APM bonus payments for an additional six years, and implement several additional technical improvements to MACRA.
MACRA passed Congress with strong bipartisan majorities in 2015 and was strongly supported by most of organized medicine. Among MACRA’s notable provisions is the permanent repeal of the Sustainable Growth Rate (SGR), the widely acknowledged flawed formula used for calculating updates to the Medicare physician fee schedule. In place of SGR, MACRA establishes two paths for determining future Medicare payment for physician services – 1) the Merit-Based Incentive Payment System (MIPS), and, 2) alternative payment models (APMs).
For background, visit the MMA’s MACRA page