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Published on: July 12, 2024
Managing the Economic Challenges in the Treatment of Heart Failure
Ileana L Piña1, Nihar R Desai2, Larry A Allen3
1Montefiore Medical Center, Bronx, New York, United States of America.
Insights
The economics of heart failure (HF) impacts all stakeholders. Evolving quality-based payment systems from the Centers for Medicare and Medicaid Services (CMS) challenge healthcare providers, necessitating data for improved care and cost reduction.
Area of Science:
- Health Economics
- Cardiology
- Healthcare Policy
Background:
- Heart failure (HF) presents significant economic challenges for patients, families, and healthcare systems.
- The Centers for Medicare and Medicaid Services (CMS) actively targets HF for cost-reduction and quality improvement initiatives.
- The healthcare payment landscape is shifting from volume-based to quality-based systems, impacting HF care.
Purpose of the Study:
- To review the implications of CMS payment programs on health systems managing heart failure.
- To discuss the challenges and opportunities presented by evolving quality assessment and payment models in HF care.
Main Methods:
- Proceedings from a symposium held at the Heart Failure Society of America conference (September 15, 2018).
- Review of current CMS payment programs and their effects on healthcare providers treating HF patients.
Main Results:
- Quality-based payment systems with performance metrics are increasingly replacing traditional fee-for-service models.
- There is a recognized need for more data to guide decision-making in improving HF care quality and reducing costs.
- The transition to new payment models presents ongoing challenges for hospitals and HF specialists.
Conclusions:
- Healthcare systems must adapt to the evolving financial and quality assessment landscape driven by CMS.
- Further research and data are crucial to effectively navigate the economic complexities of heart failure management.
- Understanding and responding to CMS initiatives is vital for sustainable and high-quality HF care.
Abstract:
The economics of heart failure (HF) touches all patients with HF, their families, and the physicians and health systems that care for them. HF is specifically targeted by cost-reduction and care quality initiatives from the Centers for Medicare and Medicaid Services (CMS). The changing quality assessment and payment landscape is, and will continue to be, challenging for hospitals and HF specialists as they provide care for patients with this debilitating disease. Quality-based payment systems with evolving performance metrics are replacing traditional volume-based fee-for-service models. A critical objective of quality-based models is to improve care and reduce cost, but there are few data to support decision-making on how to improve. CMS payment programs and their implications for health systems treating HF were reviewed at a symposium at the Heart Failure Society of America conference in Nashville, Tennessee on September 15, 2018. This article constitutes the proceedings from that symposium.
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