2017 Cancer Center Business Summit Highlights

Preparing to Implement MACRA: Implications for Oncology Practices

Gail Thompson

June 2017, Vol 7, No 6 - 2017 Cancer Center Business Summit Highlights

Las Vegas, NV—Death and taxes are inevitable, and so are the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) changes for all medical practices across the country, (not just for oncology). Practices may choose how far to dip their toes into MACRA or into the Merit-Based Incentive Payment System (MIPS) waters, but they will be penalized, rewarded, or not affected in 2019 based on their decisions in 2017. Strategic planning for practices often spans 3 to 5 years; there is a very real financial component that affects oncology practices’ billing and revenues 2 years out and beyond. [ Read More ]