Washington, D.C., July 27, 2023 — Accountable for Health (A4H) announced its support for the Value in Health Care Act, reintroduced in the U.S. House of Representatives. The bipartisan bill is sponsored by Representatives Darin LaHood (IL-16), Suzan DelBene (WA-01), Brad Wenstrup (OH-02), Kim Schrier (WA-08), Larry Bucshon, M.D. (IN-08), and Earl Blumenauer (OR-03). It proposes changes to the program parameters of Medicare’s Alternative Payment Models (APMs) to incentivize participation in Accountable Care Organizations (ACO). A4H CEO Mara McDermott issued the following statement:
“The Value Act establishes important priorities in advancing health care delivery that drives health outcomes over the volume of services provided. MACRA established incentives to drive the transformation from fee- for-service to accountable care because a broad, bipartisan group of lawmakers knew America’s health care delivery system must improve to meet people’s needs. The pandemic demonstrated we need innovation in health care more than ever before, yet progress is threatened by incentives that will expire at the end of this year. The Value Act ensures this investment in people’s health continues for two more years. Accountable for Health and its members look forward to working with Representatives LaHood and DelBene to advance this bill and continue transforming American health care away from fee-for-service toward high quality, accountable care.”
Reps. LaHood and DelBene issued the following statements in the congressional release announcing introduction:
“The Value in Health Care Act is a commonsense proposal that includes substantive reforms to encourage and support greater participation by healthcare providers in ACO’s, particularly in our rural communities in Illinois. By incentivizing the use of these value-based health models that support coordinated care between doctors, hospitals, and other healthcare providers, this legislation will improve healthcare access and the quality of care for seniors and patients across my district,” said Rep. LaHood.
“Physicians and hospitals participating in Alternative Payment Models are leading the changes our health care system needs to focus on value instead of volume. The Value in Health Care Act would encourage more providers to join these models and accelerate this change, leading to improved quality of care and health outcomes for seniors. Shifting to value will also save everyday people and our health system money in the long-term. We must continue to provide the incentives that expand access to coordinated and comprehensive care,” said Rep. DelBene.
The Value in Health Care Act would make the following changes to improve health outcomes for seniors while lowering costs:
- Reinstate and extend the 5% bonus for two years to allow providers to invest in the necessary tools to succeed in accountable care;
- Encourage Centers for Medicare & Medicaid Services (CMS) to develop a full risk track offering an additional accountable care option for providers who want more financial risk and reward for improving patient outcomes;
- Encourage participation in accountable care organizations by improving transparency and the financial methodology.
Accountable for Health also joined more than 15 other advocacy organizations on a letter to the sponsors of the Value in Health Care Act thanking them for their leadership and providing additional detail on their support for the legislation.
About Accountable for Health
Accountable for Health (A4H) is a 501(c)(4) national advocacy and policy analysis organization accelerating the adoption of sustainable, effective accountable care that improves health care quality and outcomes and lower costs. We represent a broad, diverse group of accountable care stakeholders working to improve the way health care is delivered to people across the county, across various payers, programs, and delivery models. A4H provides advocacy, research, and education to improve outcomes and patient experiences while lowering costs.
For more information, visit https://accountableforhealth.org/. Follow us on LinkedIn and Twitter (@acct4health). ###