The Centers for Medicare and Medicaid Innovation (CMMI) Director Liz Fowler testified before the House Committee on Energy and Commerce Health Subcommittee on CMMI’s work to advance value-based care. CMMI has seen success over the last decade, improving patient health and generating millions in savings. Members of the Alliance for Value-Based Patient Care shared recommendations to further strengthen CMMI and support long-term healthcare transformation, including: ➡️Creating new models to engage more medical specialties ➡️Making it easier for safety net, rural, and small practices to transition to value ➡️Broadening and clearly defining the criteria to expand value-based models ➡️Engaging diverse healthcare stakeholders in model development Read the full letter: https://bit.ly/45n0PZX #ValueBasedCare #CMMI #HealthcareInnovation
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Value-based care helps patients manage chronic conditions at home. Brian struggled to manage his diabetes. Medicare’s incentive for value-based care allowed Novant Health to connect him with a care manager who helped him successfully lower his blood sugar. Learn more about Brian’s story and others at: https://bit.ly/3XhZvFO #ValueBasedCare #Medicare #PersonalizedCare
Value-Based Models Offer Coordinated Care for Chronic Conditions
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Health systems like Virginia Mason Franciscan Health are improving care coordination by embracing timely feedback and other value-based care best practices highlighted in latest playbook from AHIP and Alliance for Value-Based Patient Care members American Medical Association and National Association of ACOs. Read more: https://bit.ly/3VkH94n #ValueBasedCare #Medicare #ACO
Timely feedback is critical for value-based care incentives to work
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Value-based care can advance health equity and improve care for underserved populations, according to the Centers for Medicare & Medicaid Services. Strategies include: ➡️Increasing participation of safety-net providers ➡️Adopting data collection that supports whole-person care ➡️Innovating payment methods to narrow disparities Read the full update in Health Affairs: https://bit.ly/3VhNEFb #ValueBasedCare #Medicare #HealthEquity
Advancing Health Equity Through Value-Based Care: CMS Innovation Center Update | Health Affairs Forefront
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The continued success of value-based care models relies on the support of Congress. Following the recent hearing on the Centers for Medicare and Medicaid Innovation, Alliance member groups the American Medical Association, America's Physician Groups, Health Care Transformation Task Force, National Association of ACOs, and Premier Inc. shared recommendations with Congress to expand physicians and other clinicians’ access to APMs. Read the full recommendations: https://bit.ly/4cjsOMC #ValueBasedCare #APM #Medicare
Value-Based Care Stakeholder Recommendations to Improve CMMI
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💡Value-Based Care Fact: The Bundled Payments for Care Improvement (BPCI) Advanced Model saved $465 million in Medicare spending in 2021, according to the Centers for Medicare & Medicaid Services. Supporting alternative payment models like the BPCI Advanced Model is key to improving patient care while reducing Medicare spending. More from JD Supra: https://bit.ly/3yZ516h #APM #ValueBasedCare #Medicare
CMS Releases Fifth Annual Report on Bundled Payments for Care Improvement Advanced Model
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Read the latest playbook from AHIP and Alliance for Value-Based Patient Care members the American Medical Association and National Association of ACOs to learn best practices in value-based care including… ➡ Setting financial targets ➡ Accounting for complexity of patients ➡ Holding partner organizations accountable to quality metrics Learn more: https://bit.ly/3yMTs1G #ValueBasedCare #Medicare #ACO
7 keys to success with value-based care pay arrangements
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Value-based care makes better health possible by connecting patients with community support programs. When C.C. needed a professional caregiver but lacked the financial resources, Privia Health connected her with community-based programs who provided free medical equipment and arranged for affordable in-home health services. Learn more about C.C.’s story and others: https://bit.ly/3VjsSpL #ValueBasedCare #PersonalizedCare #Medicare
Privia Health - Alliance for Value-Based Patient Care
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The American Medical Association discusses key components of successful alternative payment models and how policymakers can support physicians and other clinicians adopting value-based care, including: ➡ Improving data collection ➡ Making financial targets more predictable ➡ Sharing timely, relevant, and actionable data Read the full list of recommendations: https://bit.ly/3X2p9hU #ValueBasedCare #APM #Medicare
What is value-based care?
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