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Value in Health Care Act of 2020

Introduced: July 24, 2020 Introduced by: Welch, Peter Democratic · Vermont See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 24, 2020
Referred to the Subcommittee on Health.
Jul 24, 2020
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jul 24, 2020
Introduced in House
 Plain-English summary Congressional Research Service

Value in Health Care Act of 2020

This bill makes a series of changes to certain methodologies and components used in the Medicare Shared Savings Program. The program enables accountable care organizations (ACOs) to receive payments for savings stemming from care coordination and management.

Among other changes, the bill requires the Centers for Medicare & Medicaid Services to increase the shared savings rate for participating ACOs, as specified, and to establish a program that assists ACOs with start-up and operational costs of participation. The bill also extends certain incentive payments for health professionals who participate in eligible alternative payment models.

What's happening now July 24, 2020

Referred to the Subcommittee on Health.

 Committees of jurisdiction 3