AAMC, Health Care Groups Support Value in Health Care Act

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The AAMC joined 13 different well being care stakeholder teams on July 20 in a letter of assist for the Worth in Well being Care Act of 2021, which might make essential reforms to Medicare’s value-based care fashions and accountable care organizations (ACOs). The teams additionally issued a press assertion in assist of the laws upon introduction of the invoice.

The letter, which was despatched to the lead sponsors of the invoice — Reps. Peter Welch (D-Vt.), Suzan DelBene (D-Wash.), Darin LaHood (R-Sick.), and Brad Wenstrup (R-Ohio) — highlighted the significance of the laws’s aim of making certain that value-based care fashions and ACOs can proceed to offer high-quality affected person care and generate financial savings. “With estimates exhibiting virtually 40 p.c of healthcare {dollars} are tied to value-based cost and objectives to extend that p.c transferring ahead, the value-based care motion is at a essential juncture,” it acknowledged.

The Worth in Well being Care Act would improve shared financial savings charges that newbie Medicare ACO individuals obtain, modify threat adjustment methodologies, take away boundaries to ACO participation, and modify efficiency benchmarks. It could additionally improve technical assist for ACO individuals, incentivize superior various cost mannequin (APM) participation by offering enhanced bonuses, right superior APM qualification thresholds, and tackle APM overlap. The laws additionally directs a Authorities Accountability Workplace examine on the influence of value-based care fashions on well being fairness. The letter famous that these reforms “will be sure that value-based care fashions proceed to be viable for doctor and hospital individuals.”

“This invoice is a complete strategy that may strengthen our nation’s value-based care program and guarantee prime quality, decrease price look after our nation’s sufferers,” the letter concluded.

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