Advisory Board October 17, 2022
President Joe Biden on Friday signed an executive order directing HHS Secretary Xavier Becerra to explore new health care payment and delivery models through the Center for Medicare and Medicaid Innovation (CMMI) that could lead to lower drug costs.
Details on the order
As part of the executive order, Becerra will have 90 days to submit a report outlining “new health care payment and delivery models that would lower drug costs and promote access to innovative drug therapies for beneficiaries enrolled in the Medicare and Medicaid programs, including models that may lead to lower cost-sharing for commonly used drugs and support value-based payment that promotes high-quality care.”
Becerra’s report will include his plan and timeline to test any potential models...
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