Welcome to the second part in iNTERFACEWARE’s series of blog posts on MACRA (Medicare Access and CHIP Reauthorization Act of 2015). In the first part of our series, we looked at how an integration engine can increase reimbursements for clinicians under MIPS. In today’s post, we shift our attention to hospitals. Now you might be thinking, “MACRA only applies to medicare physicians, why are we talking about hospitals?“ While MACRA only applies to physicians, it affects hospitals too. And in a big way.
If you are the CEO of a hospital, you probably want to know what MACRA means for your business: how will it affect my hospital’s relationship with physicians? What can I do to prepare for MACRA? And most importantly, what impact will MACRA have on my hospital’s bottom line?
We’ll address these concerns after answering a simple question: why should hospital executives care about MACRA?