What's Your Novel Payment Model Idea?

June 24, 2019 By: Bob Atlas
Our state’s hospitals and health systems continue to strive for new and different ways to transform care.
To support that work, your Maryland Hospital Association is leading theStakeholder Innovation Group(SIG) which convened at the request of the Maryland Health Secretary Robert Neall. Part of the group’s work was the launch of theInnovations for Better Healthwebsite. This inventory demonstrates what we already knew: Hospitals and care providers are working together to innovate and advance health care for all Marylanders.
We are encouraged by the quality of the advances already in place and your eagerness to think differently about how we care for people in our communities. We also know there may be other improvements our hospitals and their care partners would like to undertake that require approval from the Centers for Medicare & Medicaid Services or the State of Maryland.
That is why last week we launched asolicitationfor innovative payment models that hospitals and other provider groups would like to see implemented.
We’ve already received a handful of submissions and encourage you to submit yours by September 30 for consideration for the 2021 payment model launch date.
The SIG also will review all submissions and make recommendations to the Secretary’s Vision Group. Those that are approved will be submitted to CMS or the state agency having approval authority.
Your creativity and energy will be essential as we work to fulfill the promise of the Total Cost of Care Model.
Bob Atlas
President & CEO