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News and noteworthy information for October 2016: CMS Releases MACRA Final Rule Preparing Your Practice for MACRA CPT Editorial Panel – Summary of Panel Actions Palmetto Draft LCD: Noncovered Services Understanding the RUC Survey Instrument CMS Announces New Initiative to Improve Physician Experience with Medicare Deadline for Seeking Review of Potential Payment Penalties   CMS Releases MACRA Final Rule On October 14, the Centers for Medicare and Medicaid Services (CMS) issued the final rule implementing the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA). MACRA was bipartisan legislation signed into law in April 2015 to permanently repeal the Sustainable Growth Rate (SGR), streamline physician quality reporting programs, and provide incentive payments for physician participation in alternative payment models. MACRA sunsets […]

ISASS Policy & Advocacy News – September 2016   News and noteworthy information for September 2016: MACRA Update: Pick Your Pace Novitas Draft LCD: Percutaneous Vertebroplasty and Vertebral Augmentation FDA Announces Voluntary Payer Participants for Device Pre-Submission Meetings PQRS Negative Payment Adjustment Notification Physicians Spend Nearly Twice as Much Time on EHR/Desk Work as Patients   MACRA Update: Pick Your Pace On September 8, 2016, Acting CMS Administrator Andy Slavitt announced the Centers for Medicare and Medicaid Services’ (CMS) plans to allow flexibilities in participation in the Quality Payment Program for the first performance period that begins January 1, 2017. Slavitt acknowledged that the agency heard concerns expressed by physician organizations about the proposed start date for performance reporting by physicians under […]

On July 7, 2016, the Centers for Medicare & Medicaid Services (CMS) issued a proposed rule that updates payment policies, payment rates, and quality provisions for services furnished under the Medicare Physician Fee Schedule (PFS) on or after January 1, 2017. The PFS pays for services furnished by physicians and other practitioners in all sites of service. These services include but are not limited to visits, surgical procedures, diagnostic tests, therapy services, and specified preventive services. To set payment rates, CMS evaluates three components of medical services/procedures: physician work, practice expense, and malpractice expense. Each component is assigned a value also known as a relative value unit (RVU). The work RVU, practice expense RVU, and malpractice RVU are each multiplied […]