Steven Farmer, MD, PhD Senior Advisor and Medical
Author : phoebe-click | Published Date : 2025-08-06
Description: Steven Farmer MD PhD Senior Advisor and Medical Officer CMS Innovation Center Centers for Medicare Medicaid Services CMS Innovation Center New Direction Request for Information Disclaimer This presentation was prepared as a tool to
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Transcript:Steven Farmer, MD, PhD Senior Advisor and Medical:
Steven Farmer, MD, PhD Senior Advisor and Medical Officer CMS Innovation Center Centers for Medicare & Medicaid Services CMS Innovation Center New Direction Request for Information Disclaimer This presentation was prepared as a tool to assist providers and is not intended to grant rights or impose obligations. Although every reasonable effort has been made to assure the accuracy of the information within these pages, the ultimate responsibility for the correct submission of claims and response to any remittance advice lies with the provider of services. This presentation is a general summary that explains certain aspects of the Medicare Program, but is not a legal document. The official Medicare Program provisions are contained in the relevant laws, regulations, and rulings. Medicare policy changes frequently, and links to the source documents have been provided within the document for your reference The Centers for Medicare & Medicaid Services (CMS) employees, agents, and staff make no representation, warranty, or guarantee that this compilation of Medicare information is error-free and will bear no responsibility or liability for the results or consequences of the use of this guide. CenterS for medicare & Medicaid services 5/4/2017 3 Size and Scope of CMS Responsibilities CMS is the largest purchaser of health care in the world Combined, Medicare and Medicaid pay approximately one-third of national health expenditures (approx $800B) The Medicare program alone pays out over $1.5 B in benefit payments per day CMS programs currently provide health care coverage to 1 in every 3 Americans Department-Wide Strategy a health care system that results in better accessibility, quality, affordability, empowerment, and innovation Less bureaucratic and complex Reduces burden for clinicians, providers and beneficiaries States can design programs to meet unique challenges Quality, accessibility, affordability, and data drive innovation Technology prevents fraud, waste, and abuse Innovative Approaches Beneficiaries have the information they need to make informed choices, and are in charge of their healthcare State Flexibility Customer Experience Empowered Providers Internal and external stakeholders have an improved experience Continuous improvement drives sustained change Operational Excellence Putting People First CMS Innovation center 5/4/2017 7 The CMS Innovation Center was created to develop, test, and implement new payment and delivery models “The purpose of the [Center] is to test innovative payment and service delivery models to reduce program expenditures…while preserving or enhancing the quality of care furnished to individuals under such titles” Three scenarios for success*: Quality improves; cost neutral Quality neutral;