The AMA created the Medicare Participation Options Toolkit to help physicians determine the best Medicare participation option for their practice. Whether or not a physician is thinking about modifying their Medicare status, it is important to understand the available options. There are 3 Medicare contractual options for physicians:
- Participating (often referred to as “PAR”)
- Non-participating (referred to as “non-PAR”)
- Private contracting
Physicians have until December 31, 2016 to decide whether they will be participating or non-participating for 2017.
Physicians can use the AMA's toolkit to help weigh the pros and cons and choose the direction suitable for their practice. The kit contains a detailed explanation of options, a calculator, frequently asked questions and sample materials for those choosing private contracting.