A recent survey found that 50-percent of physicians do not know what MACRA is. Unless it is delayed, which CMS indicated is possible, the new Medicare physician payments for 2019 will be based on the reporting period that begins on January 1, 2017.
If you missed last week’s TOA webinar presented by Lynn Scheps of SRS on MACRA and MIPS, the replay is now available at any time. Click here to access the webinar. And if you would like to claim 0.75 CME for watching it, click here to take the online quiz to claim CME.
The study of 600 physicians by Deloitte Development LLC found that 50-percent of physicians had never heard of MACRA. Among the other findings:
- 21 percent of self-employed physicians and those in independently owned medical practices displayed some familiarity with MACRA, compared to 9 percent of employed physicians.
- Although 8 out of 10 physicians surveyed preferred fee-for-service payment models, 71 percent said they would participate in value-based payment models if offered financial incentives to do so.
- 74 percent of physicians surveyed believe performance reporting to be burdensome and 79 percent do not support linking compensation to quality.