32% of physicians surveyed by Deloitte at the end of last year recognized the name of the legislation but were unfamiliar with the requirements it would impose.
[Editor’s Note: This article originally appeared on Carena, Inc’s blog].
The American Hospital Association released a recent infographic detailing the new payment model requirements to help providers prepare.
The two payment pathways, highlighted above, under MACRA allow health systems to pick their pace of participation. Payments will be adjusted in 2019. Investing in telemedicine this year can help health systems accelerate their pace to meet these new quality requirements and scale their services.
Many of our health system partners have already incorporated telemedicine as part of their transition to fee-for-value by developing member-specific virtual clinics that serve at-risk populations like Medicare patients. These integrated clinics are helping them provide greater patient convenience while maintaining care quality, and retaining patient health-system-loyalty, and more importantly preparing them for success in this new world.
MACRA may feel complicated, but it provides a new opportunity for health systems to rethink their models for care delivery and provider greater value to patients. We’re excited to see the potential for transformation in this system.
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