Which of the following statements is true regarding the new MACRA legislation?

The statement regarding the influence of MACRA on the payment structure under Medicare is accurate because MACRA, or the Medicare Access and CHIP Reauthorization Act, fundamentally changed how Medicare payments are structured. It transitioned away from the traditional Sustainable Growth Rate (SGR) formula to a new system that emphasizes value-based care. This means that payments to healthcare providers are increasingly tied to the quality of care they deliver rather than just the quantity of services. As a result, MACRA aims to improve patient outcomes while managing healthcare costs more effectively. This shift represents a significant change in how Medicare operates and compensates healthcare providers. In contrast, the other statements inaccurately reflect the scope and timeline of MACRA’s implementation and its effects.