AMGA Chair Elect Dr. Jeffrey Bailet testifies on MACRA before House Committee
AMGA Chair Elect of the Board of Directors Jeffrey Bailet, M.D., co-president of Aurora Health Care Medical Group, today testified before the House Energy and Commerce Health Subcommittee on the payment reforms included in the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), as well as the transition toward a value-based payment system in Medicare. Dr. Bailet testified that physicians are at various stages of readiness to take on financial risk and that regulators at the Centers for Medicare and Medicaid Services (CMS) should proceed cautiously as providers learn how to function within value-based payment structures, such as an Alternative Payment Model (APM).
“AMGA members, such as Aurora Health, are positioned well to provide valuable insight to Congress and regulators,” said Donald W. Fisher, Ph.D., CAE, AMGA’s president and chief executive officer. “Because of their experiences with coordinated care management and translating electronic health record data into improved clinical practices, their involvement is vital to successfully transitioning to value-based payment. Congress recognizes the importance of learning from our members and I expect that CMS will look to them as MACRA regulations are developed and refined.”
Dr. Bailet also testified on the importance of CMS engagement with the healthcare community and suggested several steps CMS can take to foster provider participation in the APM program. For example, he said CMS should ensure that providers have full access to claims data, data exchange formats are standardized, and the risk-adjustment and physician attribution methodologies are improved.