In the past, CMS payment reforms have led to similar changes among payers and insurers in the private sector, and many industry groups praised the new initiative as a positive step.
The federal government took a major step in promoting value-based care (VBC) this week as U.S. Health and Human Services Secretary Alex Azar announced the Primary Care Initiative, which will give providers more flexibility and financial incentives to coordinate care for patients.
The April 22 announcement took place at the offices of the American Medical Association (AMA), which had gathered more than 200 medical society representatives to discuss primary care issues. Azar, whose department runs the Centers for Medicare and Medicaid services (CMS), was joined at the announcement by CMS Administrator Seema Verma and Adam Boehler, director of the Center for Medicare and Medicaid Innovation (CMMI).
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.