The Federation of American Hospitals and other health care provider groups sent a letter to Congressional leadership outlining recommendations to promote value-based patient care in Medicare. “Thank you for your support and leadership to retain incentives for physicians and other clinicians to adopt value-based care. Including a 12-month extension of the advanced alternative payment model (APM) incentive payment in the Consolidated Appropriations Act of 2023 ensures that the nearly 300,000 clinicians working to improve the quality and cost-effectiveness of care for millions of Medicare beneficiaries through these models have the resources to innovate care. As you consider your priorities for the 118th Congress, we ask that you continue to advance the transition to value-based health care,” starts the letter. Recommendations outlined in the letter include the following: 1. Extend Value-Based Care Incentives. 2. Ensure Participants Join and Remain in Existing APMs 3. Provide a Broader, More Predictable Pathway for More Types of Clinicians to Engage in APMs 4.Establish Parity Between APM and Medicare Advantage (MA) Program Requirements The letter was sent to bipartisan leadership of the Senate Finance Committee, as well as the House Ways and Means and Energy and Commerce Committees. It was signed by FAH and 11 other groups including the AMA, AAMC and NRHA. Read the complete letter here. |