CMS Office Of The Actuary Report On Estimated Financial Effects Of The Medicare Access & CHIP Reauthorization Act Of 2015 (H.R. 2)

In this report dated April 9, 2015, the federal Centers for Medicare & Medicaid Services (CMS) Office of the Actuary reported on estimated financial effects of the Medicare Access & CHIP Reauthorization Act Of 2015 (H.R. 2). The bill was signed into law on April 16, 2015. The provisions of H.R. 2 remove the Medicare sustainable growth rate (SGR) methodology from the determination of annual conversion factors in the formula for physician services. The legislation phases in a new value-based alternative payment model (APM) and creates a Merit-Based Incentive Payment System (MIPS) to modify the fee . . .