MACRA Final Rule Release Executive Summary

The Medicare Access and CHIP Reauthorization Act of 201 5 (MACRA) repeals the Medicare S ustainable G rowth R ate (SGR) methodology for updates to the P hysician F ee S chedule (PFS) and replaces it with a new approach to payment called the Qua lity Payment Program that rewards the delivery of high - quality patient care through two avenues: Advanced Alternative Payment Models (Advanced APMs) and the Merit - based Incentive Payment System (MIPS) for eligible clinicians or groups under the PFS.