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Streamlining Medicare Savings Programs and Supporting Healthcare Providers.

This act aims to make it easier for healthcare providers to participate in Medicare savings programs, potentially leading to better coordinated care and cost efficiencies. The changes are designed to encourage more facilities to join, especially in rural and underserved areas, which could improve citizens' access to medical services.
Key points
Simplifying rules for Accountable Care Organizations (ACOs) in the Medicare Shared Savings Program, removing distinctions between low and high revenue ACOs.
Allowing ACOs to defer financial risk for at least 3 years, making it easier for new participants to join the program.
Increasing transparency in setting savings targets (benchmarks) and providing an appeal process for their calculations.
Offering educational and technical assistance to healthcare providers in rural, small practice, and safety net settings.
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Additional Information
Print number: 118_HR_5013
Sponsor: Rep. LaHood, Darin [R-IL-16]
Process start date: 2023-07-27
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Value in Health Care Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_5013.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-07-27.

What are the main provisions?

Key points include:

  • Simplifying rules for Accountable Care Organizations (ACOs) in the Medicare Shared Savings Program, removing distinctions between low and high revenue ACOs.
  • Allowing ACOs to defer financial risk for at least 3 years, making it easier for new participants to join the program.
  • Increasing transparency in setting savings targets (benchmarks) and providing an appeal process for their calculations.
  • Offering educational and technical assistance to healthcare providers in rural, small practice, and safety net settings.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. LaHood, Darin [R-IL-16].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Health.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Health