What Does the Medicare Doc Fix Act Mean for DCs?
Written by Editor   
Friday, May 13, 2016 12:00 AM

CLICK HERE TO OPEN ARTICLE IN DIGITAL JOURNALHow does the Medicare Access and CHIP Reauthorization Act (MACRA) affect you?  For providers, this quagmire of acronyms and percentages can be quite confusing, but your choices are: remain uninformed and watch your Medicare reimbursements dwindle or become educated and start reporting. 

An article in the upcoming issue of the Texas Journal of Chiropractic reviews the ramifications of the Medicare update act passed last year. It is the largest reform on the American health care system since the Affordable Care Act.  

Commonly referred to as the “Permanent Doc Fix” Act, it was designed to fix the way Medicare pays providers. It permanently assures providers about their reimbursements and puts an end to the annual congressional ritual of “fixing” a Medicare law from 1997 with a patch that expired the following year. 

MACRA replaces the old, ineffective SGR payment model with small annual raises, and under the new Merit-based Incentive Payment System (MIPS), providers have the opportunity to earn positive payment adjustments for scoring well during the previous year. Advocates of MACRA state that not only did the new law eliminate the congressional headache of trying to keep doctors paid each year, but it also reduces the administrative burden by combining several Medicare reporting programs into one.  

Read more about improving your online reputation in "Medicare's Doc Fix Act" in the upcoming May issue.