HCTTF April 6, 2021
WASHINGTON – The HEALTH CARE TRANSFORMATION TASK FORCE (HCTTF or Task Force), a group of leading health care payers, providers, purchasers and patient advocacy organizations, announces the release of a PAPER examining long-term trends in health care spending from 2000 to 2020. This evaluation of national health expenditures found a systemic slow-down in both projected and actual health spending over the past decade. While difficult to quantify with precision, the delivery system’s transformation to value-based payments over fee-for-service payments is a contributing factor to the favorable spending trend.
“This new analysis highlights how the health care system has steadily bent the cost curve over the last decade,” said Blair Childs, HCTTF Chair. “Medicare payment reforms, including value-based payment models, have...