Medicare, Accountable Care Organizations (ACOs), and most private commercial insurance plans have embraced preventative and precision medicine with comprehensive wellness programs. The purpose of our platform is to help physicians produce better patient outcomes and to comply with new bipartisan MACRA legislation by avoiding MACRA penalties and achieving MACRA incentives and advanced incentives.
For example, starting in 2019, the maximum MACRA compliance incentive is 4% and incrementally increases every year up to 9%. However, a physician can achieve additional MACRA bonuses each year if the physician significantly utilizes our platform (up to three times the yearly incentive). Further, many of our MACRA platform tools have built-in reimbursable services associated with the MACRA compliance tools. Thus, physicians can receive even more in reimbursements by using our built-in individually reimbursable MACRA assessments.
As physicians face the new challenges MACRA introduces, there is a clear need for a solution that provides the appropriate measures and submission tools needed to not only improve their reimbursements but to ensure their public MACRA ratings allow them to maintain their reputation and practice credibility.