Medicare is a federal health insurance program that primarily provides health insurance for Americans aged 65 and older. Establish in 1965, the program expanded in 1972 to cover younger Americans who have a long term disability. Medicare consists of four different parts: Part A covers inpatient hospital stays, Part B covers physician visits, outpatient services and preventative care, Part C covers the Medicare Advantage program, and Part 4 covers outpatient prescription drugs through contracted plans. Medicare reimbursement rates often play a role in the reimbursement rates that private healthcare plans offer.
The Center for Medicare and Medicaid Innovation consistently works with policymakers, providers and other key stakeholders to construct and test alternative payment and delivery models. Medicare has tested a variety of new models, most of which focus on shifting the emphasis to quality care and provide incentives for hospitals and providers to lower spending and decrease cost to patients, while providing higher quality care.
Title | Source | Date |
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Slavitt: ‘We’ll Go as Fast as the Evidence Allows Us to Go’ | Modern Healthcare | July 30, 2016 |
SGR Fix to Simplify Quality Reporting, Value-Based Payments | Health IT Analytics | March 24, 2015 |
Senators Introduce Bill to Improve Medical Payment Models for Rural Health Care Organizations | United States Senator Patty Murray's Office | May 26, 2015 |
Senate tees up votes on $200B Medicare deal | The Hill | April 13, 2015 |
Senate Searches for Medicare ‘Doc Fix’ Amendments | The Morning Consult | April 13, 2015 |
Senate punts on 'doc fix'; passage expected after spring break | Modern Healthcare | March 27, 2015 |
Senate has new deadline to avoid doctors’ Medicare cuts | Washington Post | April 1, 2015 |
Senate Dems threaten to oppose deal on Medicare doc fees | Modern Healthcare | March 15, 2015 |
Senate Democrats are Spoiling for a Medicare Fight They May Not Get | Vox Science and Health | December 3, 2016 |
Scale: blessing or burden for statewide ACOs? | Healthcare Dive | March 27, 2019 |