The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), which passed earlier this year, repealed the fundamentally flawed Sustainable Growth Rate formula and introduced significant changes in how Medicare will pay oncologists for the care they provide in the coming years. The new law will be fully implemented by 2019 and will profoundly impact reimbursement and care delivery for oncology practices throughout the United States—now is the time to understand and prepare for these changes.
MACRA will require all oncology practices to transform in two major ways: (1) how you conduct your Medicare reporting requirements, and (2) how you are paid for the services you provide to Medicare beneficiaries. The ultimate goal of these changes is to move toward a value-based practice environment that ensures high-quality, affordable health care. ASCO has long embraced this goal and has dedicated significant resources that will provide oncologists with the foundation needed to move into the MACRA era.
Please review our ASCO in Action MACRA brief for a high-level overview of the new legislation and how it may impact your practice.
ASCO will be your partner in MACRA implementation, guided by a committed group of volunteers, and will provide a wide range of resources and tools that are designed to help practicing oncologists adapt to and satisfy MACRA requirements. We will also aggressively advocate that provisions in the law are implemented in a manner that reflects the current realities of cancer care, enabling you to provide the full range of services and high-quality care that your patients with cancer need to fight their disease.
Please visit our website to learn more about MACRA and its impact on your practice, and look forward to a number of educational and practical resources from ASCO in the coming months. We will continually update this site with new information, so please bookmark the page and visit often to get the latest updates, new materials, and dates for upcoming webinars.