MACRA Implementation Has Begun: Will You Avoid a 4% Reimbursement Penalty?

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As most oncology professionals know, the Quality Payment Program (QPP), established by the Medicare Access and CHIP Reauthorization Act (MACRA), began on January 1, 2017—but did you know that 2017 is a transition year, meaning you can “Pick Your Pace” when implementing QPP in your practice?

“Pick Your Pace” refers to the options that practices in the Merit-Based Incentive Payment System can choose from to report 2017 quality data.

Practices that do not report any 2017 data will receive a 4% Medicare reimbursement penalty in 2019. In 2018, practices will be required to do full reporting—including reporting on 60% of eligible charts for at least six quality measures—to avoid a penalty in 2020.

ASCO has prepared a “Top Ten List for MACRA Implementation in 2017,” offering step-by-step guidance for successfully navigating the transition year. In addition to the top 10 list, ASCO has developed a range of tools and educational materials to help the oncology community prepare for the changes ahead.

ASCO will continue to update its online QPP toolkit throughout the MACRA implementation process. Stay tuned to ASCO in Action and bookmark for the latest news and updates. ■

© 2017. American Society of Clinical Oncology. All rights reserved.




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