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MACRA Compliance Started
In 2017, a large percentage of physicians’ Medicare payments was regulated to be based on value – not on volume. High value care is defined by measures of quality and efficiency, and providers have the capacity to earn more or less depending on their performance against those measures.
Physicians that are billing $30,000 of Medicare OR see 100 or more Medicare patients per year are subject to comply with MACRA. Physicians failing to participate are subject to a deduction of 9% per year. All the money is deducted from physicians ignoring MACRA and is allocated back to the physicians that excel in performance on MACRA guidelines. Microwize is committed to helping physicians to be among the top providers avoiding penalties and striving for bonuses. The difference between a 9% penalty and a 9% bonus is 18%; please ignore this message if you don’t care about 18% of Medicare income.