Test Your MACRA Basics Quiz Knowledge
Assess Value-Based Care Fundamentals With Confidence
Ready to master the essentials of MACRA? This MACRA Basics Quiz lets healthcare professionals test their grasp of MIPS, APMs, and reporting standards through 15 engaging questions. Participants can refine their knowledge, improve compliance strategies, and explore value-based care concepts. Questions are fully editable in our quizzes editor, so instructors can tailor them to any curriculum. For more practice, try the E/M Coding Basics Quiz or the Financial Management Basics Quiz.
Learning Outcomes
- Identify key components of MACRA structure and goals.
- Explain MIPS performance categories and scoring.
- Evaluate eligibility criteria for APM participation.
- Demonstrate understanding of QPP reporting requirements.
- Apply knowledge to real-world clinician scenarios.
Cheat Sheet
- Understand MACRA's Purpose - MACRA, enacted in 2015, overhauled Medicare reimbursement by swapping out the Sustainable Growth Rate formula. This shift moved payments from a volume-based to a value-based model, rewarding care quality over quantity. It laid the groundwork for ongoing performance-driven incentives. CMS Quality Payment Program Learn more
- Explore the Quality Payment Program (QPP) - Dive into the QPP to discover two unique participation tracks: MIPS and Advanced APMs. Each path comes with its own set of requirements, scoring methods, and financial rewards. Choosing the right track can align your practice with performance goals and patient outcomes. QPP Details Learn more
- Delve into MIPS Performance Categories - MIPS scores clinicians across four areas: Quality, Promoting Interoperability, Improvement Activities, and Cost. Each category contributes a specific percentage toward the final performance score. Understanding these pillars helps you target improvements and boost your reimbursement potential. ACP MIPS Overview Learn more
- Grasp MIPS Scoring and Weighting - Each MIPS category carries a designated weight toward your overall score - Quality might be 30%, while Cost could be 20%. These weights directly influence whether you receive a bonus, penalty, or neutral payment adjustment. Smartly allocating effort across categories maximizes your financial return. ACP MIPS Scoring Learn more
- Recognize MIPS Eligibility Criteria - Clinicians billing over $90,000 in Medicare charges and treating more than 200 Medicare patients per year must participate in MIPS. Falling below these thresholds exempts you from reporting, so it's key to track your volume. Meeting or exceeding them unlocks both opportunities and responsibilities. ACP MIPS Eligibility Learn more
- Understand Advanced APMs - Advanced Alternative Payment Models require certified EHR technology, quality-based payment structures, and carrying more than nominal financial risk. Participants engage in bundled payments, shared savings, or capitation arrangements. These models can drive innovation and align incentives for patient outcomes. CMS APM Fact Sheet Learn more
- Learn APM Participation Benefits - Clinicians in qualifying Advanced APMs can earn a 5% incentive payment on Medicare reimbursements. Plus, they're exempt from MIPS reporting requirements, simplifying compliance. This dual advantage rewards quality-driven care with both bonuses and less administrative burden. ACC APM Brief Learn more
- Identify APM Eligibility Requirements - To qualify for Advanced APM incentives, clinicians must meet set thresholds for payments or patient counts under the model. Tracking your participation rate ensures you hit the minimum targets. Meeting these benchmarks is critical to secure incentive payments and MIPS exemption. CMS APM Eligibility Learn more
- Comprehend QPP Reporting Requirements - Accurate and timely reporting in MIPS or Advanced APMs is essential for avoiding penalties and unlocking incentive payments. Data must be clean, complete, and submitted through the proper CMS portal. Mastering this process turns paperwork into a strategic tool instead of a hurdle. AMA QPP FAQs Learn more
- Apply Knowledge to Clinical Scenarios - Leveraging MACRA's components empowers clinicians to optimize both patient care and financial performance. Familiarity with MIPS and APMs guides decision-making around workflows, documentation, and technology use. Real-world scenarios help translate theory into everyday practice improvements. AMA QPP Application Learn more