July 20, 2021
The Hon. Peter Welch U.S. House of Representatives 2187 Rayburn House Office Building Washington, DC 20515 |
The Hon. Suzan DelBene U.S. House of Representatives 2330 Rayburn House Office Building Washington, DC 20515 |
The Hon. Darin LaHood U.S. House of Representatives 1424 Longworth House Office Building Washington, DC 20515 |
The Hon. Brad Wenstrup U.S. House of Representatives 2419 Rayburn House Office Building Washington, DC 20515 |
Dear Reps. Welch, DelBene, LaHood, and Wenstrup:
On behalf of the undersigned organizations, we thank you for your leadership to ensure that value-based health care continues to serve Medicare patients by embracing higher value and lower cost. The Value in Health Care Act of 2021 makes a number of important reforms to strengthen Medicare’s value-based care models and Accountable Care Organizations (ACOs) to ensure that these models continue to produce high quality care for the Medicare program and its beneficiaries as well as to generate savings for taxpayers. With estimates showing almost 40 percent1 of healthcare dollars are tied to value-based payment and goals to increase that percent moving forward, the value-based care movement is at a critical juncture.