GAO: Small and rural practices will struggle with MACRA
With smaller budgets and fewer resources, small and rural physician practices face greater challenges to participate in Medicare’s value-based payment models, including the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), according to a new Government Accountability Office (GAO) report.
As Medicare moves to value-based payment models, which requires doctors to take steps such as using electronic health records to better track and evaluate patient care, small and rural physician practices are less prepared for the transition, the GAO review found.
For example, since many practices don’t have big operating budgets, it is harder for them to invest in the training and technology they need to participate, according to the GAO report (PDF). And not all of the practices have access to organizations—group practices, private companies, nonprofit groups and universities—that can help them share staff and informational technology systems.
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