Despite the rhetoric that the media portrays, value-based health care is here to stay and demonstrating significant savings for the Centers for Medicare and Medicaid Services (CMS).
Trump Administration, supports the efforts demonstrated by value-based payment systems and innovation from the Centers of Medicare and Medicaid Innovation (CMMI) models – especially from the Accountable Care Organizations (ACO).
Making the shift from fee-for-service to value is difficult for most organization – it is essential. CMS is committed to advancing value and the Medicare Quality Payment Program will continue to focus on paying Providers based on quality and cost. Providers and Organizations that choose not to move toward value – risk losing reimbursement from both public and private payers.
Progress to-date reveals record low per capita increases in health care spending since 2009. Over the past 3 years ACOs, reduced spending by $1 billion, The Bundled Payment for Care programs have showed first year savings. These models of care demonstrate value-based payment and will show additional savings over time.
The Health Care Transformation Task Force provides tools and resources to ensure the transition toward a value-based health care system.