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
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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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)
"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
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.
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)
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