Senator Thom Tillis and his colleagues recently introduced the Value in Health Care Act, bipartisan legislation that would update the program parameters of Medicare’s Alternative Payment Models (APMs) to incentivize participation in Accountable Care Organizations (ACO). The changes would increase participation in these value-based health programs, which are designed to improve the quality of care and health outcomes for seniors while lowering costs.

“Value-based care programs have a successful track record of improving outcomes and reducing costs. The Value in Health Care Act will take an important step to further incentivize participation in these programs by financially rewarding coordination of care and patient outcomes, rather than the number of services provided,” said Senator Tillis. “I’m proud to join my colleagues in introducing this bipartisan legislation that will increase access to higher quality, lower cost, patient-centered care for the nearly two million seniors in North Carolina.”

NCMS President Dr. Eileen Raynor, shared her thoughts on this bill saying, “The North Carolina Medical Society applauds Senator Tillis’ introduction of the Value in Health Care Act in the Senate. Advancement of value-based care is a priority of the Medical Society, and we are supportive of state and federal efforts that will expand participation in Alternate Payment Models among all physician specialties and help meet the needs of our state’s Medicare patients.”

Click here to view the full press release on this announcement.