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TMA PracticeEdge


have begun transitioning to value- based contracting, and in the coming years, “MACRA very quickly tran- scends from Medicare into the over- all market” by counting private payer models toward its APM criteria, said Dr. Lockhart, an American Medical Association delegate. He adds the post-SGR transition


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“is not for the faint of heart, but the status quo is not going to be an option, regardless of any election or patient population. This is going to impact physicians’ entire patient load at some point, and it’s going to take an active and cooperative effort for physicians to look at what they are doing, and ask themselves: Is there a better or more cost-effective way to deliver good pa- tient care? If not yesterday, then today would be the next best alternative to get started.”


BETTER FOOTING Medicare already implemented the first phase of the new payment legis- lation, a 0.5-percent increase in physi- cian fees on July 1. Similar 0.5-percent annual increases will follow through


December 2019. In a July proposal to update 2016 Medicare payment poli- cies, the Centers for Medicare & Med- icaid Services (CMS) also announced that it would start taking comments on implementation of MIPS and APMs as part of “a broader effort … to move the Medicare program to a health care system focused on the de- livery of quality care and value.” Generally, TMA leaders agree MA-


CRA represents at least a marginal improvement over what physicians faced under the old SGR regime — not the least of which was an impending 21-percent pay cut in 2015 preceded by a decade of similar payment un- certainty — and under the Affordable Care Act and other legislation, which created a slew of administratively confounding and overlapping penalty- based quality programs. “From a political standpoint, it


means the TMA and AMA no longer have to spend our political capital to avert the cut,” eliminating a huge hurdle, says Donna Kinney, director of TMA’s Research and Data Analysis Department. The law also somewhat


POST-SGR TIMELINE Old law 2015


21% pay cut under Sustainable Growth Rate (SGR) formula


New law 2015–19


0.5% annual fee- for-service (FFS) payment update


2015–19 & beyond


4.5% to 11% maximum penalties under Physician Quality Reporting System (PQRS), meaningful use (MU) of electronic health records, and value- based payment modifier (VBM)


2017


Start of Merit-Based Incentive Payment System (MIPS) performance years


2018


PQRS, MU, VBM penalties sunset


58 TEXAS MEDICINE September 2015


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