Commentary: In mid-April, President Obama signed into law the much anticipated Medicare Access and CHIP Reauthorization Act (MACRA) of 2015. MACRA nicknamed the doc fix repeals Medicares current physician payment formula and replaces it with a new one that focuses on quality and value. But while the doc fix grabbed all the headlines, MACRA is worthy of a closer look.
Since Medicare was signed into law in 1965, there have been 116 bills passed that have added to or amended Medicare. Some of the bills have been narrow in scope; some have been sweeping.