“The Centers for Medicare & Medicaid Services wants to create more mandatory alternative payment models in the Medicare program to speed up the transition to value-based care. Providers are saying “not so fast,” worried that decrees could have “devastating” consequences for struggling nursing homes.”
“Making new payment models mandatory is crucial to avoid “selection effects,” where only providers who benefit financially from a model participate, reducing potential savings. CMS Administrator Seema Verma said Thursday that the move toward value must speed up and wants more provider types in such models in the near-term…”
“CMS recently unveiled a voluntary, value-based care model aimed at transforming primary care. The ambitious pay change would shift at least a quarter of Medicare beneficiaries away from fee-for-service medicine and toward a global payment model, with providers assuming various amounts of risk. Verma said she hopes to eradicate barriers…” Read the full article here.
Source: Some Medicare payment models will be mandatory, CMS says – By Marty Stempniak, April 29, 2019. McKnight’s.
