“This legislation would take us another important step away from unnecessarily expensive, volume-driven medicine and instead bring us closer to lower-cost, higher quality care in Medicare and across the health system. It is an excellent complement to the broader proposals now before Congress which overhaul physician payment and repeal Medicare’s Sustainable Growth Rate (SGR) formula.
Under the bill sponsored by Rep. Black, Medicare would pay physicians, hospitals, and other providers to improve care coordination and value during and after a hospital visits, while insisting on strong standards for the quality of care. This approach would align Medicare with other innovative private and public sector health plans that have already taken similar steps.
Previous Medicare bundling pilots and demonstrations, such as Geisinger Health’s “Proven Care” program and Medicare’s Acute Care Episode Demonstration, have already produced real savings and better care for patients. This new bill would enable groups of providers across the country to bring similar value to Medicare beneficiaries starting next year.”
To learn more about NCHC’s recommendations for reforming reimbursement policies and the broader health system, read our Plan for Health and Fiscal Policy.
See full press release: https://www.nchc.org/new-bipartisan-legislation-would-improve-care-coordination-and-curb-costs