Tax News Update    Email this document    Print this document  

June 13, 2024
2024-1212

House Energy and Commerce Health Subcommittee hearing on the Center for Medicare and Medicaid Innovation

On June 13, the House Energy and Commerce Subcommittee on Health held a hearing entitled, "Checking-In on the Center for Medicare and Medicaid Innovation (CMMI): Assessing the Transition to Value-Based Care." CMMI was created by the Affordable Care Act (ACA) to create and test new payment models that aim to improve quality of care by shifting payments away from volume of care towards value-based care. During the hearing, discussion centered on how to ensure affordable access to quality care with several member raising concern that the Congressional Budget Office's found CMMI cost the government $5.4 billion over the past 10 years rather than saving money. In addition, several lawmakers raised concerns that CMMI was not incorporating feedback from the Physician-Focused Payment Model Technical Advisory Committee (PTAC) into models.

Lawmakers heard testimony from the Deputy Administrator and Director of CMMI who spoke about their efforts to improve value-based care and of the lessons yielded by new model tests.

More information is available here.

Additional information is also available in the attached WCEY Alert.

* * * * * * * * * *

Attachment

Hearing on Center for Medicare and Medicaid Innovation

* * * * * * * * * *
Contact Information

For additional information concerning this Alert, please contact:

Washington Council Ernst & Young