The five things we all need to know about MACRA and alternative payment systems to compete and flourish.

ABSTRACT

Changes in how patient care will be reimbursed in the future are being determined right now. The law has changed to eliminate the past method of fee for service funded by the sustainable growth rate formula to payment based on quality. You need to know how the system functions to prevent a 4% reduction in Medicare reimbursement in 2019. You need to know this now because data collected today in 2017 will determine your rate for 2019. This review provides you knowledge of how the system has changed, what is required of you right now to be successful, and how you can succeed in the future. Pertinent references are provided to allow you to query the Centers for Medicare and Medicaid Services for the most up-to-date information.