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In its June report, the Medicare Payment Advisory Commission (MedPAC) said the program needs to move more quickly away from fee-for-service (FFS) payments.
“The commission has made an assertion that the progress towards value-based payment throughout the Medicare program needs to accelerate and more of the program needs to be detached from straight fee-for-service payments,” said Jim Matthews, PhD, executive director for MedPAC, during a press web conference on Monday.
The report’s authors also recommended changes to accountable care organizations (ACOs) to ensure that shared savings they receive are in fact deserved; and they considered strategies for determining which drugs should be paid for separately in the hospital outpatient prospective payment system (OPPS).