Medical Economics June 14, 2024
CMMI director testifies to explain accountable care, value-based care.
The Center for Medicare & Medicaid Innovation (CMMI) was created by the Affordable Care Act to design health care payment models that save money while improving quality of care.
But reducing costs overall has not happened since 2010 – and that’s an issue that needs to be addressed, said representatives who questioned CMMI’s purpose and functioning. On June 13, CMMI Director Liz Fowler, PhD, JD, appeared before the Health Subcommittee of the House Energy & Commerce Committee for two hours of discussion about the Center. The hearing, “Checking-In on CMMI: Assessing the Transition to Value-Based Care,” was her first appearance before that group.
The issue
In September 2023, a Congressional Budget...