Posted on Thursday, April 25, 2019 5:21 PM
This week, The Department of Health and Human Services (HHS) Secretary Alex Azar and CMS Administrator Seema Verma announced the CMS Primary Cares Initiative, which is a new set of payment models to deliver better value for patients. This initiative will relieve the physicians of some of the administrative burdens, allowing them to spend more time with their patients while reducing costs.
“For years, policymakers have talked about building an American healthcare system that focuses on primary care, pays for value, and places the patient at the center. These new models represent the biggest step ever taken toward that vision,” said HHS Secretary Alex Azar. “Building on the experience of previous models and ideas of past administrations, these models will test out paying for health and outcomes rather than procedures on a much larger scale than ever before. These models can serve as an inflection point for value-based transformation of our healthcare system, and American patients and providers will be the first ones to benefit.”
Administered through the CMS Innovation Center, the CMS Primary Cares Initiative will provide primary care practices and other providers with five new payment model options under two paths:
Primary Care First and Direct Contracting.
The five payment model options are:
1. Primary Care First (PCF)
2. Primary Care First – High Need Populations
3. Direct Contracting – Global
4. Direct Contracting – Professional
5. Direct Contracting – Geographic
Click here for the full press release
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