Medicare & APMs

Chris Carey

October 25th, 2021

Last week, the Biden Administration released a new strategy for the CMS Center for Medicare and Medicaid Innovation (CMMI).

Chris Carey of Select Medical uses this as an opportunity to take stock of CMMI’s work to date – and to look forward how the “Innovation Center’s” work may change.

The Affordable Care Act (ACA) became law eleven years ago and it created CMMI, giving it new, wide-ranging authority and sizable resources to develop new, alternative payment models (APMs) in Medicare.

Even after a series of underwhelming demonstration projects, Chris shows how CMMI is working to use Medicare APMs to establish a third alternative to Medicare Fee-for-Service (FFS) and Medicare managed care (Medicare Advantage or MA).