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Health and Human Services Secretary Alex Azar rolled out a proposal for a value-based health care system, arguing for one that is more cost-effective and transparent than the current market for health care in the U.S.
“We at HHS see stakeholders, including our nation’s hospitals, as part of the solution to our country’s many healthcare challenges. We recognize that it’s not just government that wants better healthcare for all Americans. Our partners in the private sector, all of you, want the same,” Azar said Monday in a speech to the Federation of American Hospitals.
Azar - Administration - Steps - Towards - Costs
Azar said the administration is focused on taking steps towards lowering the costs of care for Americans, while instituting a series of reforms to Medicare and Medicaid. The administration also wants to add price transparency–a missing feature of the U.S. health care market–to allow consumers to shop around for the best price, like they would for virtually every other good or service.
“The four areas of emphasis are the following: giving consumers greater control over health information through interoperable and accessible health information technology; encouraging transparency from providers and payers; using experimental models in Medicare and Medicaid to drive value and quality throughout the entire system; and removing government burdens that impede this value-based transformation,” Azar said.
HHS - Secretary - Details - Center - Medicare
The HHS secretary did not provide any more details, but Center for Medicare and Medicaid Services Administrator Seema Verma is expected to elaborate tomorrow at a conference in Las Vegas.
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Azar - Warning - Hospital - Administrator - Crowd
Azar gave a warning to the hospital administrator’s in the crowd: cost reforms that you have benefited from are coming.
“Today’s health care system is simply not delivering outcomes commensurate with its cost,” Azar said.
Change - Opportunity - Advantage - Opportunities
“Change represents opportunity, and I exhort all of you to take advantage of the opportunities...
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