Question

What is MACRA and its Importance?

Answer 1

Answer - MACRA is the Medicare Access and CHIP Reauthorization Act. MACRA replaces the current Medicare reimbursement schedule with a new pay-for-performance program that's focused on quality, value, and accountability.

It is the good way for healthcare providers for report information necessary before getting paid. Their main goal is to reduce the burden of healthcare costs on American taxpayers.

MACRA is designed to help providers report data on the quality of services.