CMS Releases MACRA/Quality Payment Program Final Rule

On Friday, Oct. 14, the U.S. Centers for  Medicare & Medicaid Services (CMS) released the final rule for the Medicare  Quality Payment Program, which implements the Medicare Access and CHIP  Reauthorization Act of 2015 (MACRA) and replaces the Sustainable Growth Rate  (SGR) formula. The Quality Payment Program has two tracks for payment: the  Merit-based Incentive Payment System (MIPS) and Advanced Alternative Payment  Models (APMs). CMS expects the Quality Payment Program to evolve over multiple  years; therefore, announced the agency, it is finalizing the rule with an  additional 60-day comment period to "continue to solicit input from clinicians,  patients, and others."

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