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The healthcare system is at a critical point in its transition to value-based care a decade after implementation of the Affordable Care Act and its Center for Medicare and Medicaid Innovation (CMMI), according to CMMI’s newly minted director Liz Fowler, PhD, JD.
“The goal [of the ACA] was to create a system that rewards better outcomes, better health, and lower costs, and we’ve made huge strides, but we have a long way to go,” Fowler said at the National Association of ACOs (NAACOS) 2021 Spring Conference earlier today, her first public comments since taking the role in March.
Fowler, who also serves as Deputy Administrator of CMS, is the latest person to lead the transition from fee-for-service to value-based care and reimbursement. But she plans to leverage lessons learned from a decade of experience and more recently, a public health crisis, to advance the transition to value-based care under the Biden administration.
“I feel like over the last 10 years since the Center was established, we’ve lost some consensus in the stakeholder community about what we’re trying to achieve and where we’re heading,” Fowler explained.