learn about key components of the American Recovery and Reinvestment Act (ARRA)/ Health Information Technology Act (HITECH)/ Medicare Access and Chip Reauthorization (MACRA) laws and mandates and will discuss how these requirements impact healthcare organizations today. Please review the above listed sources as they provide a solid basis for this paper. (See uploaded attachments) In addition, there is an abundance of information available for you to read on ARRA/HITECH/MACRA
In this paper, address the following items:
What is the purpose of Health Information Technology Act (HITECH) and what are the core programs associated with HITECH?
The vast majority of Medicare providers are required to participate in one of two Medicare Access and Chip Reauthorization (MACRA) tracks, the Merit-based Incentive Payment system (MIPS) or an Advanced Alternative Payment Model (AAPM). Explain and compare the details of both tracks and discuss advantages and disadvantages of both.
Explain which professionals are eligible to participate in MIPS and AAPM payment systems? Providers can participate as individuals or groups with the same Tax-ID Number (TIN), differentiate individual versus group participation?
What barriers do you foresee regarding healthcare reimbursement as healthcare continues to shift further towards paying for quality healthcare and not quantity of healthcare?