AMGA Supports Preserving Patient Access to Value-Based Care Act Introduced in Senate
Alexandria, VA – AMGA today endorsed bipartisan legislation that supports Medicare’s continued transition to value-based payment by extending the Advanced Alternative Payment Models (APMs) program bonus payments. The Preserving Patient Access to Value-Based Care Act was introduced by Senators John Barrasso (R-WY) and Shelden Whitehouse (D-RI). AMGA recommends the Congress enact this legislation by the end of the year.
The legislation would extend expiring 5% Advanced APM incentive payments for an additional two years. The legislation also maintains the current 50% Advanced APM revenue threshold to incentivize providers to make the move toward value-based care.
“The Advanced APM program is critical in Medicare’s continued transition to value,” said AMGA President and CEO Jerry Penso, M.D., M.B.A. “This bill ensures that Medicare offers the support providers need to start and continue the journey to value. Passage of this bill sends a clear signal that value is here to stay in the Medicare program.”
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About AMGA
AMGA is a trade association leading the transformation of healthcare in America. Representing multispecialty medical groups and integrated systems of care, we advocate, educate, innovate, and empower our members to deliver the next level of high performance health. AMGA is the national voice promoting awareness of our members’ recognized excellence in the delivery of coordinated, high-quality, high-value care. More than 175,000 physicians practice in our member organizations, delivering care to one in three Americans.
AMGA represents medical groups and integrated systems of care. Its diverse membership includes multispecialty medical groups, integrated delivery systems, accountable care organizations, and other entities committed to improving healthcare outcomes. AMGA advocates for the formation of innovative, clinically integrated systems of care that advance population health, enhance patient experience, and reduce healthcare costs. For more information, please visit www.amga.org.