Quantcast

Peoria Standard

Sunday, February 23, 2025

Legislation introduced to extend alternative payment model incentives until 2027

Webp 1q9vgluumgxhpmfqhm76ufumk6j9

Darin LaHood U.S. House of Representatives from Illinois | Official U.S. House Headshot

Darin LaHood U.S. House of Representatives from Illinois | Official U.S. House Headshot

Today, Congressman Darin LaHood of Illinois, along with Representatives Neal Dunn of Florida, Suzan DelBene of Washington, and Kim Schrier of Washington, introduced the Preserving Patient Access to Accountable Care Act. This bipartisan legislation aims to extend incentive payments for qualifying participants in advanced alternative payment models through the payment year 2027 while maintaining the current qualifying thresholds.

"Alternative Payment Model incentive payments are essential to ensuring that Americans have the highest quality of care possible," said Rep. LaHood. He emphasized the importance of sustaining participation in value-based payment models by continuing these incentives.

Rep. Dunn stated, "Alternative Payment Models ensure that patients receive the best possible care while rewarding providers for delivering high-quality care at an affordable price." He expressed his support for this approach to healthcare as Vice Chair of the Energy and Commerce Health Subcommittee.

"Our health care system needs to move from volume to value to deliver better care at a better price," said Rep. DelBene. She highlighted the role of healthcare providers in leading this change and stressed the need for federal incentives to support this shift.

Rep. Schrier noted that "Alternative Payment Model incentive payments are an effort to make our health care system more efficient by rewarding providers for transitioning to value-based care models." She pointed out that this approach ensures high-quality, efficient care for seniors.

Emily Brower, Incoming CEO of the National Association of ACOs, commented on the progress made due to advanced APM incentives, stating that over 50% of traditional Medicare beneficiaries now receive care through accountable care organizations. She emphasized the legislation's role in driving value-based care.

Jerry Penso, President and CEO of AMGA, expressed support for the bill, saying it allows AMGA members to continue participating in value-based care and be rewarded for providing outstanding patient care.

Mara McDermott, CEO of Accountable for Health, acknowledged the increased adoption of accountable care across the country due to advanced alternative payment model incentives and appreciated the bipartisan commitment to improving healthcare delivery.

The act's purpose is to extend incentive payments based on performance year 2025 at an adjusted amount of 3.53 percent and maintain QP eligibility thresholds through payment years 2027.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS