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House Committee Holds Oversight Hearing on Medicare Value Programs
HealthIT Answers July 17, 2023
By Robert Daley, Director, Legislative Affairs, National Association of ACOs
Twitter: @NAACOSnews
Congress provided financial incentives for clinicians to transition to value-based care models in 2015 through the Medicare Access and CHIP Reauthorization Act, a law referred to as MACRA. It provided a 5 percent incentive payment to certain risk-bearing APMs, among other changes to Medicare’s payment structure for physicians. APMs encourage keeping patients healthy and improving quality, resulting in better care for patients and lower costs for taxpayers.
In the eight years since, the law has been a strong step in the right direction. ACOs account for the majority of Medicare’s advanced APMs, using incentives to hire care managers to provide personal care to their sickest patients, provide transportation and...
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