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118-hr-5013Committee
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Value in Health Care Act of 2023

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Summary

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The Value in Health Care Act of 2023 modifies Medicare's Accountable Care Organization (ACO) program and alternative payment models to encourage broader participation. The bill eliminates distinctions between low-revenue and high-revenue ACOs, removes requirements for ACOs to assume financial risk before three years of participation, and enhances transparency in benchmark expenditure calculations with an appeals process. It also establishes a new full-risk payment option for ACOs, adjusts payment incentives for alternative payment models, and requires a study comparing alternative payment models with Medicare Advantage.

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Bill details

Congress
118
Bill type
hr
Introduced
July 27, 2023
Sponsor
Not yet available
Last action
December 17, 2024— Referred to the Subcommittee on Health.

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