The American Medical Association recently unveiled online tools to help physicians transition to the new payment model introduced by the Medicare Access & CHIP Reauthorization Act of 2015, according to Medscape. According to a Merritt Hawkins survey, about 56 percent of physicians are unfamiliar with MACRA.
Here are five key points:
1. To utilize one of the tools, a physician answers questions about his or her practice, including the reimbursement they receive as well as their participation in incentive programs.
2. The AMA Payment Model Evaluator offers predictions based on entered data. The tool will project whether physicians will fall under the Merit-Based Incentive Payment System as well as how hefty a bonus or penalty they will likely see in 2019.
3. The AMA also offers physicians educational resources.
4. Another tool, AMA Steps Forward, added MACRA-specific modules, offering insight into EHR implementation and quality data reporting.
5. Physicians may also tune into a ReachMD podcast series, called "Inside Medicare's New Payment System." The series will feature CMS Acting Administrator Andy Slavitt and other topic experts.
Access the tools here.