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We write to endorse the Value in Health Care Act of This bipartisan legislation makes several important reforms to ensure that alternative payment models APMs continue to produce high quality sc marketplace insurance for the Medicare program and its beneficiaries. In the last decade, some APMs have generated billions of dollars in savings for taxpayers all while maintaining quality of care for patients.

The Congressional Budget Office CBO reported earlier this sc marketplace insurance that actual Medicare and Medicaid spending between - was 9 percent lower than original projections, with improvements to care management and more efficient use of technology playing a role in slowing spending on federal sc marketplace insurance programs. While MACRA was a step in the right direction, the transition has been slower than anticipated sc marketplace insurance more needs to be done to drive long-term system transformations.

The Value in Health Care Act helps maintain and further strengthen the movement towards high-quality care in which financial performance is linked to the quality of patient care rather than the number of services delivered. We are also encouraged that the bill removes revenue-based distinctions commit uf health family medicine - commonwealth not disadvantage rural and safety net providers, which is critical to improving access to care and improving health equity.

Care plans 2023 bill sc marketplace insurance improves financial benchmarks so that APM participants are not penalized for their own success.

To allow more clinicians to continue the transition to value, the bill establishes a voluntary track for accountable read more organizations ACOs in the Medicare Shared Savings Program to take on higher levels of risk and provides technical assistance for clinicians new to APMs.

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