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Innovation is vital to the evolution and sustainability of the American healthcare system, and the Centers for Medicare & Medicaid Services (CMS) is working to be part of the transformation, according to its administrator.
In a speech on Thursday to the Alliance for Connected Care Telehealth Policy Forum for Health Systems, CMS Administrator Seema Verma spoke about how “relentless innovation is a crucial driver in creating value across all industries.” She addressed the role of telehealth in the future of healthcare and reimbursement progress for 2019. In addition, she talked about how Medicare can serve as a barrier to innovation, as well as what CMS is doing to help patients control their healthcare data and resolve interoperability issues.
CMS has been working to create a foundation of innovation, she said. “It’s part of our larger vision of moving to a system that is value based—that rewards value over volume by bringing the best to patients. When we start paying for value, we will foster innovation as providers look for ways to compete for patients by providing the highest quality care at the lowest cost.”