Letter calls for actions that would make it easier for doctors to participate and stay in alternative payment models
The nation’s major medical societies want Congress to provide more help for doctors and practices seeking to transition to value-based care.
In a February 13 letter to leaders of three Congressional committees with jurisdiction over health care financing, the physician groups outlined their recommendations for bolstering alternative payment models (APMs) and making it easier for clinicians to participate in them.
The letter to the chairs and ranking members of the Senate Finance committee and the House of Representatives Energy and Commerce and Ways and Means committees states that “value-based payment reforms have generated over $17 billion in gross savings for Medicare over the last decade and improved the quality of care for millions of patients.”
It adds that while about 30% of Medicare clinicians participate in risk-based payment models, “the rate of uptake remains below original projections.”
The letter lays out several recommendations for increasing APM participation, including:
Letter signatories include the American Academy of Family Physicians, Association of American Medical Colleges, American College of Physicians, American Medical Association, American Medical Group Association, America’s Physician Groups, Federation of American Hospitals, Health Care Transformation Task Force, Medical Group Management Association National Association of ACOs, National Rural Health Association, and Premier, Inc.