What is one of MACRA's primary goals?

Prepare for the AAPC Certified Physician Practice Manager Exam with comprehensive quizzes, multiple-choice questions, and detailed explanations. Ace your exam with confidence!

One of the primary goals of MACRA, the Medicare Access and CHIP Reauthorization Act, is indeed to repeal the Sustainable Growth Rate (SGR) formula. The SGR was a previous method used to determine Medicare payment rates for physicians, which was widely criticized for creating uncertainty and insecurity regarding physician payments. By repealing this formula, MACRA aimed to move towards a more stable payment system that focuses on value-based care rather than volume-based care, thereby incentivizing higher quality care for patients. This legislative change is significant as it reflects a broader effort to shift the healthcare system toward models that prioritize patient outcomes and overall care quality, rather than the sheer volume of services rendered.

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