Payment Reform 3.0: It s Time

Similar documents
Health Policy 2018: Surveying the Progress and Damage, and Charting New Courses

MACRA, MIPS, APMs & CPC+: What to Expect from All These Acronyms?! Monthly National Briefing April 26, 2016

MACRA: Alternative Payment Models Proposed Rule CY 2016

Understanding and Facilitating Rural Health Transformation

Health Care Policy Landscape: Market Trends & Frontline Perspectives

MACRA Final Rule Summary

Growth and Success of Accountable Care Organizations (ACOs) in the US from Dennis Horrigan June 2016

4/8/17. The Changing Nature of Physician Payment and Health Care Reform in The AMA A Unifying Voice for Physicians

AAOS MACRA Proposed Rule Summary (Short)

Other Payer Advanced APM Determination

CY 2018 Quality Payment Program Final Rule Summary

I. Recommendations Related to the Definition of More Than Nominal Risk in Alternative Payment Models

Adopting Multi-Payer and All- Payer Payment Models in States OCTOBER 25, 2016 WASHINGTON MARRIOTT WARDMAN PARK HOTEL WASHINGTON, DC

Trump Care: Overview of Healthcare Reform Plans

Stakeholder Innovation Group (SIG):

A Practical Discussion of Value and Quality Based Payments What Do I Do Now?

CMS 1701 P UnityPoint Health. October 16, 2018

MACRA Overview. April 2016

The Road to Value. Aric R. Sharp, MHA, CMPE, FACHE Vice President Accountable Care UnityPoint Health February 3, 2017

DEPARTMENT OF HEALTH AND HUMAN SERVICES & 42 CFR 414 [CMS-5522-FC

AMERICAN COLLEGE OF GASTROENTEROLOGY MAKING $ENSE OF MACRA

MACRA: THE FINAL RULE. Last updated 12/13/16

MACRA Update: The Top 8 For Amy Mullins, MD, CPE, FAAFP Medical Director, Quality Improvement AAFP

All About APMs: What Will It Take for Physicians to Earn the APM Bonus Under MACRA?

MACRA and the Evolving Health Care Landscape. Jarrod Fowler, M.H.A. FMA Director of Health Care Policy and Innovation

PRIMER: MACRA and the Merit-based Incentive Payment System (MIPS) Tara O Neill Hayes January 31, 2016

Medicare Releases Final Rule for the Second Year of the Quality Payment Program

Impact of ACOs on Care Coordination

ICLIO National Conference

The Future Of Medicare Physician Reimbursement

MACRA: Redefining How CMS Pays Doctors. White Paper ELLIS MAC KNIGHT, MD DAN KIEHL, JD CONTACT. Senior Vice President/CMO. Associate Consultant

Health care affordability VBC transformation

Physician Payment Reform Progress to Date

21% Total Medicare Beneficiaries (2017): 58 million

AMERICAN COLLEGE OF GASTROENTEROLOGY MAKING $ENSE OF MACRA

Volume to Value The Great Transformation of American Medicine

Scripps Health ACO Update

CF Health Advisors: Partner Biographies

MACRA: New Medicare Reimbursement Models Sharp HealthCare

The MACRA Proposed Rule on MIPS and APMs: Summary and Key Takeaways

QPP Other Payer Advanced APMs: CMMI Multi-Payer Model Payer Perspective

Building Capacity for Value. Missouri Rural Health Conference August 15, 2017

Physician Compensation In Today s Changing Market

The ACO Track One+ Model: New Rewards for Risk

MACRA: How the 2018 Quality Payment Program Final Rule Impacts Providers

Medicare Quality Payment Program Overview (MACRA)

CMS PROPOSES KEY PROVISIONS OF MACRA PHYSICIAN PAYMENT SYSTEM FOR 2019

Predictive Qualifying Alternative Payment Model (APM) Participants (QPs) Methodology Fact Sheet What is the Predictive QP Status Analysis?

MACRA: APPLICATIONS & IMPLICATIONS September 13, /13/2016. Mark Blessing, CPA, FHFMA Partner

First a word about the rising cost of retiree healthcare

Collaborative Health Systems a Universal American company. CHS and ACO Overview May 2016

9/7/17. MACRA: The Knowns and the Unknowns. Disclosures. Goals and Objectives

2018 Healthcare Industry Outlook:

The Emergence of Value-Based Care: Present and Future Tense

Health Policy Update 2017 Kevin Grumbach, MD

FAQs: Accountable Care Organizations (ACOs)

Federal Update Issues Impacting Rheumatologists and their Patients. Emily L. Graham, RHIA, CCS-P VP, Regulatory Affairs Hart Health Strategies, Inc.

A PRIMER FOR PRIMARY CARE

The Landscape of Medicaid Value-based Purchasing

Thank you, and enjoy the webinar.

MACRA Medicare Payment Reform and the Implications to Medicare Advantage Plans

Medicare Access and CHIP Reauthorization Act of 2015 (HR. 2; MACRA)

2018 Quality Measure Benchmarks Overview

Medicare Accountable Care Organizations What & Why?

NAACOS Analysis Shows ACOs In Top MIPS Performance Tier

Transitioning Into a Successful Risk-Based ACO

WHERE THE FRONT LINE MEETS THE BOTTOM LINE: THE HEALTHCARE SYSTEM OF THE FUTURE

Future of Rural Healthcare Strategies for Success. Iowa Healthcare Collaborative 13 th Annual Conference August 16, 2016 Eric K.

Health IT Public Policy Update

Eight Indispensable Financial Considerations of Shifting from Volume to Value Reimbursement

Succeeding with APMs: Structuring Relationships Between Payers and Providers

NAACOS Policy Recommendations

How Health Reform Saves Consumers and Taxpayers Money

National Association of Health Underwriters. Russ Gronewold, CFO Bryan Health April 20, 2017

Healthcare Reform and Its Impact on the Care Delivery System

Preparing Two-sided Risk: Finding Balance of Risk and Reward

PATH TOWARD PAYMENTS THAT REWARD VALUE

National Association of ACOs. ACO Cost and MACRA Implementation Survey. May

You Down with QPP? Daniel Collins Director of Finance Orlando Health Physician Enterprise

Value Based Purchasing

Next Generation Accountable Care Organization (ACO) Model Overview

Challenges Next Steps ACA The Good and Bad News The Massachusetts Experience

New Medicare Merit-Based Incentive Payment System: Navigating Changes Under MACRA

CNYCC Joint Board and Finance Committee Forum

Get Straight on MACRA in 2018

BPCI Advanced Understanding the Latest Episode Based Program and the Opportunities

Washington Update. Suzanne Falk, MPP Associate Director, Government Affairs

Average Sales Price and Medicare Part B. Lisa C. McNair Senior Finance Manager Contracting & Reimbursement Indivior, Inc.

August 21, Ms. Seema Verma Administrator Centers for Medicare and Medicaid Services 7500 Security Boulevard Baltimore, Maryland

Holy MACRA! Mark D. Kaufmann, M.D. Associate Clinical Professor Department of Dermatology Icahn School of Medicine at Mount Sinai October 27, 2017

ACO Contracting Guide for SNFs

From Volume-based to Valuebased Payment in Medicare: Some of the Issues

Medicare Program; Advancing Care Coordination Through Episode Payment. Models (EPMs); Cardiac Rehabilitation Incentive Payment Model; and Changes to

2018 Quality Payment Program Final Rule. Summary

What s Next for MSSP ACOs? The Case for Moving to Medicare Risk

Medicaid FQHC APMs What are they and what do they mean for health centers? Alex Harris, MSPH Deputy Director, Transformation Policy

Key Financial and Operational Impacts from the Proposed Rule to Implement MACRA:

Copyright Scottsdale Institute All Rights Reserved.

The Importance of Predictive Modeling and Analytics for Health Care Reform and System Transformation

Medicare accountable care organizations: Balancing risk and opportunity

Transcription:

Payment Reform 3.0: It s Time Len M. Nichols, Ph.D. NCHC Summit on Affordable Health Care Philadelphia, PA November 15, 2017 www.chpre.org 1

ACOs MSSP Pioneer Next Generation? Primary Care CPCI Individual payment models performance mixed disappointing, glass > ½ full? Bundled Payments (Models 2* {acute and post-acute} and 4** {prospective acute}) www.chpre.org

Medicare Accountable Care Organization Results For 2015: The Journey To Better Quality And Lower Costs Continues David Muhlestein, Robert Saunders, and Mark McClellan September 9, 2016 Health Affairs Blog Round Start Date 1 April 2012 2 July 2012 3 January 2013 4 January 2014 5 January 2015 Assigned Beneficiaries Percent Savings/Loses Net Savings/Loss 351,585 1.89% $72,045,856 1,704,341 0.13% $21,966,968 1,782,013-0.60% $-107,232,592 1,783,929-0.83% $-148,839,104 1,648,365-0.34% $-54,230,300 Total 7,270,233-0.30% $-216,289,172

Pioneer ACO results Flagship ACO program Participation has dropped from 32 12 (in 2015) Of 12, 6 earned shared savings bonuses of 8 with net savings One of 4 losers had to pay $1.6m to CMS This Program DOES meet criteria to have Secretary expand into a program, not a pilot www.chpre.org

Private Sector PCMH evaluations Sinaiko et al ( collaborative meta analysis) Only 3 included studies had more than 25 practices 4.2% cost reduction for sickest patients* BCBS of MI (4000+ docs), better results CareFirst (4000+ docs; conflicting results, plus MCR study) Even if PCMH saved 2% off trend, not enough McWilliams et al, NEJM perspective: Care Coord. not enough www.chpre.org

Quality Payment Program Repeals the Sustainable Growth Rate (SGR) Formula Streamlines multiple quality reporting programs into the new Merit-based Incentive Payment System (MIPS) Provides incentive payments for participation in Advanced Alternative Payment Models (APMs) The Merit-based Incentive Payment System (MIPS) or Advanced Alternative Payment Models (APMs) First step to a fresh start We re listening and help is available A better, smarter Medicare for healthier people Pay for what works to create a Medicare that is enduring Health information needs to be open, flexible, and user-centric

Independent PFPM Technical Advisory Committee PFPM = Physician-Focused Payment Model Goal to encourage new APM options for Medicare clinicians Submission of model proposals by Stakeholders Technical Advisory Committee 11 appointed care delivery experts that review proposals, submit recommendations to HHS Secretary Secretary comments on CMS website, CMS considers testing proposed models For more information on the PTAC, go to: https://aspe.hhs.gov/ptacphysician-focused-payment-model-technical-advisory-committee

What Has PTAC Done So Far? Reviewed 7 proposals, 13 more in process April: Recommended 2 of 4 (1 withdrew after PRT report) Sec agreed to reject one, engage with others (Project Sonar +, ACS-Brandeis - ) Sept: Recommended 2 of 3 (sent one back for more work) HAH+ and Oncology BP were suggested limited scale C-TAC s Advanced Care Model judged incomplete www.chpre.org

Lessons from PTAC so far Most stakeholders view PTAC as alternative pathway to AAPM status Many specialty care areas/clinicians do not fit in CPC+ or ACO framework PTAC and CMS/CMMI are not going to agree 100% Seema Verma s WSJ op ed and CMS RFI lay out new priorities www.chpre.org

www.chpre.org Apparent Priorities of Trump s New CMMI Less micromanagement from DC Imply less interest in new payment models per se? More competition among providers Hints at vision of price competition for Medicare patients More waivers from current regulations Direct contracting? More information and incentives for consumers Make cost-sharing a variable? Also interested in MA-led and state-led reforms

Lessons for Payment Reform 3.0 Focus on ID ing right patients and directing care resources to them PMPM + risk not nec. better than targeted in-kind assistance TCC not the problem, but CPC+ drew that lesson? Need to focus on PRICES as much as win-win utilization reduction (reference prices, with time certain transition path) Tie exclusivity period to $/QALY for new drugs Focus on specific SDOH might lower health costs enough HIT systems not ready for prime time, need back-office HIT at CMS to speed use of info system as real time pop health tool www.chpre.org