Farzad Mostashari Profile picture
May 19, 2021 8 tweets 4 min read Read on X
1/ "Federal antitrust oversight has proved inadequate at preventing anticompetitive effects across the health care sector" per @commonwealthfnd

What else can the federal government do, given the difficulty of passing healthcare legislation?

Plenty.
commonwealthfund.org/blog/2021/fede…
2/ in this article, Joseph Kannarkat and I break down all the tools that the Biden administration and @SecBecerra have to address competition beyond antitrust reviews

jamanetwork.com/journals/jama-…
3/ first of all, if the Biden administration chooses to elevate health care competition as a priority, it may garner rare bipartisan support.

This is an issue that has support from left (@ZekeEmanuel) and right (@Avik) thought leaders and legislators.
4/ removing perverse incentives to consolidate in payment policies can arrest or reverse hospital-physician consolidation.

The appeals court upheld @CMSGov ability to enact site-neutral payments.

they need to be expanded beyond office visits to other services, like ultrasounds
5/ fight against state-level anticompetitive ploys

"Certificate of Need" is often abused to grant local monopolies that then drive up prices

CMS has set the precedent of saying "if there's a CON, we will provide additional flexibilities on network adequacy"- they can go further
6/ Enforce against holding data hostage.

I joined 5 other former national coordinators for Health IT in an unprecedented letter that supported using CMS Conditions of Participation as a tool for ensuring data sharing of hospital events.

We have a final rule, but no enforcement
7/ the FTC and DOJ should review physician non-competes.

They shouldn't be used to stifle competition if physicians find that hospital (or private equity) employment was not all they hoped it would be
8/ @JoeBiden was the first presidential candidate of a major party to explicitly call out the need to tackle market concentration in healthcare

But they can go beyond antitrust authority to ensure better care and lower costs for all.

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More from @Farzad_MD

Aug 28
1/ The 2024 Medicare Shared Savings Program results are released from embargo!

topline results:
10,326,340 bene-years (12% @AledadeACO )
$6,452,075,989 in savings versus benchmark
$4,062,804,612 in payments to ACOs (19% Aledade)
Largest savings ever
Higher quality than FFS🎉
2/ fact sheet:
$643 (2024) vs $515 (2023) in gross per capita savings

Almost 2x savings rate for "low revenue ACOs" (physician-led/FQHC/RHCs) and for those composed predominantly of primary care clinicians vs high revenue ACOs (typically hospital-led)

cms.gov/files/document…
3/ How do they get savings?

"lower utilization compared to their benchmark across many categories of utilization including hospital discharges, Emergency Department visits and Skilled Nursing Facility stays"

Better chronic disease management
More prevention
Less suffering
Read 10 tweets
Apr 7
1/ The CMS final 2026 rate notice for Medicare Advantage just dropped, on the "no later than" date of April 7

The final rate is up- by a lot more than industry consensus of 75-100 bps!

I think a lot of plans are going to feel a little relief about their preliminary bids tonight Image
2/ One sell side analyst said "the most bullish expectation we heard [before] was a +125bps improvement"

ahem... my expectation was better than that, but even I didn't think it would be 310 bps better.

So why?

Because Dr Oz likes Medicare Advantage?

3/ If you missed, go back ands read my January tweetorial on the Advance Rate Notice (which was already "better than expected")

The short answer is that each year's "FFS growth rate" includes a true up of CMS actuaries' past and future cost estimates

Read 14 tweets
Mar 15
1/ I love reading the annual March MedPAC report to Congress on Medicare Payment Policy

such good, clear data and policy thinking.

kudos to @medicarepayment staff and chair @Michael_Chernew

I'll post some thoughts/highlights as I read through this morning
2/ My focus will be on the areas I know best
-Primary care
-Alternative payment models
-Medicare Advantage
-Competition and consolidation

The report is here for those following at home.

medpac.gov/document/march…
3/ Here's the first nugget from their core responsibility - recommending payment rates to congress that ensure beneficiary access to care

Clinicians are paid 140% of Medicare by commercial plans... but you wouldn't know that by working with independent practices (as I do) Image
Read 39 tweets
Feb 15
1/ After residency at Mass General Hospital, I reported to Atlanta to meet my fellow CDC Epidemic Intelligence Service Officers.

I have never felt so intimidated by my peers

The best and the brightest, they were star clinicians, had served in disaster zones; MD/PhDs and MSF.
2/ We were placed at various centers throughout CDC, learning from the world's experts- in tuberculosis, mosquito-borne diseases, food-borne diseases, ...

and some of us were placed with state & local Health departments to be on the front lines of outbreak response
3/ In my first day on the job, I got into a city sanitation car to investigate an outbreak of bloody diarrhea at a state psychiatric facility.

My boss has served in the EIS. Her boss, the legendary head of the NYC Bureau of Communicable Disease had also.

Our commissioner too.
Read 16 tweets
Jan 16
1/ A topic of great interest at #JPM was the "better than expected" 2026 Advance Rate Notice for Medicare Advantage that dropped on Friday

I dug into the numbers - let me share what it might portend for plans and risk-taking providers in MA, after a tough couple of years

(🚀)
2/ I have to say I'm surprised how often investors/analysts believe that government actions are fundamentally arbitrary and unpredictable

I believe most agencies will tell you exactly what they're doing and why, if you have the patience to wade into the weeds

(me: a former fed) Image
3/ The table most people see every year is this one.

Most of these numbers come straight from the actuaries, and there is basically no political interference in eg what number is put in the "Effective Growth Rate" box

instructive @KFFHealthNews interview
kffhealthnews.org/news/foster-re…Image
Read 20 tweets
Oct 29, 2024
1/ Is Value-Based Care working? After a decade, we know this:

The latest results for the largest such program just dropped.

Giving primary care accountability for total cost and quality of care is good for patients, good for practices, and good for society.

Let's dig in.
2/ As the press release says

480 ACOs providing care to nearly 11 million people with Medicare saved the gov't $5B dollars while improving quality of care

The gov't kept $2B

Providers earned an extra $3B

Beneficiaries saved on lower out-of-pocket spending-AND LESS SUFFERING
3/ Sure, there are alternatives!

We can cut benefits to seniors. That would save money.

We can cut pay for doctors. That would save money.

We can do Denials or "Utilization Management". That would save money.

Or we can incentivize more coordination and more primary care.
Read 16 tweets

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