Statement on the Introduction of the Preserving Patient Access to Value Based Care Act

By Soumi Saha, Senior Vice President, Government Affairs

Premier applauds Senators John Barrasso (R-WY) and Sheldon Whitehouse (D-RI) for their bipartisan work to preserve and strengthen incentives to achieve better coordinated, high-value care. The Preserving Patient Access to Value Based Care Act would extend for two years the bonus for healthcare providers participating in Advanced Alternative Payment Models (AAPMs) and maintain attainable thresholds for participation. Providing the certainty of a two-year runway is crucial to enable providers engaged in these innovative models to focus on longer-term strategic planning and care transformation. Enacting these changes this year would significantly advance the movement from volume-based payments to alternative payment models and risk-based arrangements. Premier urges Congress to extend the AAPM bonuses and address the qualifying thresholds this year.