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    Be Informed

    Articles, press releases and announcements about what is happening for anesthesiologists and our patients.

Joseph W. Szokol, M.D., JD, MBA Jeffrey Katz, M.D. Michael Shane, M.D. has not set their biography yet

MEDICARE ACCESS AND CHIP REAUTHORIZATION ACT (MACRA)

Background

In 1997 congress passed the Balanced Budget Act (BBA), to replace the Medicare Volume Performance Standard (MVPS), in an attempt to rein in the growth in physician expenditure and healthcare costs. The BBA was designed to ensure that the annual increase in expense per Medicare beneficiary did not exceed the growth in Gross Domestic Product (GDP), and tied physician reimbursement to GDP.

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