Policy & Medicine August 4, 2024
During a recent House of Representatives Energy and Commerce subcommittee hearing, the Center for Medicare and Medicaid Innovation (CMMI) became a hot topic of conversation. Representatives at the hearing were questioning the CMMI’s progress in moving the health care industry towards a value-based care model, particularly in light of a Congressional Budget Office (CBO) report that found that CMMI has actually increased federal spending – not decreased it.
CMMI was created by the Affordable Care Act and is focused on testing new healthcare delivery and payment models, with the intent to lower costs and improve quality in government health care programs. The CBO report, however, found that CMMI’s activities increased direct spending by $5.4 billion from 2011 to 2020...