More and more medical expenses are being pushed onto healthcare providers, who are already operating with very thin margins today. As their financial burden increases, medical providers are turning to the new way of doing healthcare: the population health model. MACRA (the Medicare Access and CHIP Reauthorisation Act) went into effect in April 2015 and is a new model for paying for the treatment of Medicare patients.
It’s designed to control Medicare spending by financially incentivising physicians. Under MACRA, doctors are paid in part based on the quality and effectiveness of the care they provide, as opposed to merely the number of patients they see and the number of procedures they do
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