Dr. Price met with the Physician-Focused Payment Model Technical Advisory Committee April 11 for its first voting meeting on alternative Medicare payment models. The advisory committee, created under the Medicare Access and CHIP Reauthorization Act of 2015, has already received half a dozen alternative payment recommendations.
At the meeting, Dr. Price said innovative payment models that replace fee-for-service models may work better and curb physician burnout. He said burnout in part results from Medicare’s “one size fits all” model, the report states.
Dr. Price also said it is important for providers in rural and underserved areas, who may think the U.S. healthcare system favors larger groups, to send recommendations for alternative payment models.
HHS requested limited-scale testing for two recommendations thus far: Elgin-based Illinois Gastroenterology Group’s care management program for chronically ill patients, sponsored by SonarMD, and the American College of Surgeons-Brandeis Advanced APM, which uses episodes of care to quantify cost and value-based reimbursements, Bloomberg reports.
This article was updated April 14, 2017 at 12:03 p.m.
More articles on hospital-physician relationships:
Quotes from the Front Lines: ‘Social media allows patients to learn about physicians’ and vice versa
Henry Ford physician hurt after stopping to help car crash victims dies
Dartmouth College selects medical school dean: 5 things to know
