Premier thanks Roger Marshall (R-KS), Ron Kind (D-WI), Markwayne Mullin (R-OK), Ami Bera (D-CA), Mike Kelly (R-PA), Raul Ruiz (D-CA), Brad Wenstrup (R-OH) and Tony Cardenas (D-CA) for their leadership in advancing value-based care by pressing the Administration to finalize regulations to modernize the Medicare Anti-Kickback Statute and Stark Physician Self-Referral Law. These 1980’s rules are now impeding the movement to value-based care models and increasing provider burden. New models of care are tied to measurable quality outcomes and cost improvements. As a result, these models remove the underlying incentives for greater volume of expensive services that led to the law in the first place. These changes are critically needed to continue this positive movement to value-based care.
Premier is concerned that the Centers for Medicare & Medicaid Services has extended the deadline for releasing the final Stark Law regulation until August 2021. We urge the Administration to move quickly to reform these antiquated laws, which are impeding alignment and collaboration among healthcare providers.
Premier, Inc. (NASDAQ: PINC) is a leading healthcare improvement company, uniting an alliance of more than 4,400 U.S. hospitals and health systems and approximately 250,000 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.