March 25, 2021 – Premier Inc. (Charlotte, NC) released a statement by Michael J. Alkire, president & incoming CEO, regarding the anniversary of the Affordable Care Act (ACA).
Alkire writes, “Today, on the anniversary of the Affordable Care Act (ACA), Premier is pleased to acknowledge the significant progress that has been made to improve the quality and cost of healthcare.
“The ACA successfully moved our nation away from the perverse incentives and volume orientation of the fee-for-service system to a system that rewards delivering value for patients and consumers. We’ve seen this born out in a number of bipartisan value-based care models that have reduced waste in the Medicare program by improving care coordination, efficiency and care quality. In fact, based on projections made when the ACA passed, America’s healthcare providers have saved $600 billion over the ACA’s first decade.
“Premier’s population health collaborative has consistently outperformed the nation in improving quality and achieving more cost-effective care under these value-based care models. This has resulted from reducing unnecessary care, better coordinating care for patients, reducing readmissions and unnecessary trips to the emergency room, and keeping patients healthy. The outlook for care of Americans under these value-based models is exciting, innovative and equitable.
“Beyond accelerating the push to…”