Fierce Healthcare June 24, 2020
The new federal health innovation chief said Wednesday the agency is taking a hard look at its existing payment models to find ways to bring them up to snuff.
Brad Smith, a former Anthem executive and entrepreneur, was named director for the Center for Medicare and Medicaid Innovation (CMMI)—part of the Centers for Medicare & Medicaid Services (CMS)—in January.
Smith said in a fireside chat at the Virtual Summit on Health System Recovery from the COVID-19 Pandemic that the first order of business after taking the role was to dig into the return on investment of CMMI’s dozens of existing models.
Smith said he found that just five models were producing statistically significant savings to the federal...
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