By Blair Childs, Senior Vice President of Public Affairs, Premier
The Premier healthcare alliance applauds Senators Cassidy and Warner for proposing legislation to remove roadblocks to better coordinated, high-value care. The Patient Affordability Value and Efficiency Act would exempt value-based contracting arrangements from the anti-kickback statute and Stark physician self-referral laws, as well as Medicaid best price requirements. Lifting these restrictions would significantly advance the movement from volume-based payments to alternative payment models and risk-based arrangements. At the same time, the bill would help address rising drug costs by giving providers, payers and suppliers the opportunity to work together to lower costs.
Premier has long advocated for addressing these regulatory and legal barriers to innovation. We look forward to working with the Senate healthcare leaders to advance this legislation.
About Premier, Inc.
Premier Inc. (NASDAQ: PINC) is a leading healthcare improvement company, uniting an alliance of more than 4,000 U.S. hospitals and health systems and approximately 165,000 other providers and organizations to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and consulting and other services, Premier enables better care and outcomes at a lower cost. Premier plays a critical role in the rapidly evolving healthcare industry, collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide. Headquartered in Charlotte, N.C., Premier is passionate about transforming American healthcare. Please visit Premier’s news and investor sites on www.premierinc.com; as well as Twitter, Facebook, LinkedIn, YouTube, Instagram and Premier’s blog for more information about the company.