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MACRA

MACRA, the Medicare Access and CHIP Reauthorization Act, is a law that changes how healthcare providers are paid by Medicare. Instead of paying providers based on the number of services they give, MACRA encourages quality and value—meaning better patient outcomes and efficient care. It does this through programs like MIPS and APMs, which reward providers for improving care while reducing unnecessary costs. Overall, MACRA aims to make healthcare more effective, affordable, and patient-centered by incentivizing quality over quantity.