BOSTON, MA (January 28, 2015) – Partners HealthCare announced today that it is joining forces with other leading health care systems and payers across the country, in coordination with purchaser and patient stakeholders, to launch a powerful new private-sector alliance dedicated to accelerating the transformation of the U.S. health care system to value-based business and clinical models aligned with improving outcomes and lowering costs.
As part of the Health Care Transformation Task Force, Partners HealthCare has committed to put 75 percent of its business into value-based arrangements that focus on the Triple Aim of better health, better care and lower costs by 2020.
“We want to align the way we provide care and pay for care in order to achieve Triple Aim outcomes,” said Tim Ferris, MD, Senior Vice President for Population Health Management at Partners HealthCare. “The Task Force’s deep expertise and leadership brings the necessary stakeholders together to drive lasting health care transformation, and we join them in this effort.”
Dr. Ferris praised the group’s commitment to aligning the public and private payer systems, stating that the comprehensive, collaborative approach will provide common accountability targets, metrics and incentives, and will allow for true best practice identification. Through its commitment, the Task Force also hopes to provide confidence to providers and payers that the nation will stay the course to achieve this transformation.
Participants in the Health Care Transformation Task Force provide a critical mass of business, operational and policy expertise to increase the momentum of delivery and payment system reforms. The Task Force’s diverse membership of providers, payers, purchasers and patients, as well as academic and policy leaders, uniquely positions it to offer recommendations to both policymakers and the industry that reflect consensus and can thus gain wide acceptance and use.
“Partners HealthCare is one of our founding members and an important partner in the Task Force’s work to accelerate the transformation of the U.S. health care system to deliver improved quality and value,” said Richard J. Gilfillan, MD, CEO of Trinity Health, the Task Force’s chairman. “Together, we recognize that now is the time for rapid, measurable change, and we are committed to leading the way.”
The Task Force will develop timely and actionable policy and program design recommendations for the private sector, the Centers for Medicare & Medicaid Services (CMS), Congress and others; new delivery and payment models; and best-practice tools, benchmarks and approaches to implement them. Initial priorities include improving the Accountable Care Organization (ACO) model, developing common bundled payment framework and improving care for high-cost patients.
Today, the Task Force also released its first consensus recommendations on how best to design the next generation of the ACO model in commercial, Medicare and Medicaid programs. The recommendations will form the basis of the Task Force’s upcoming comment letter on the CMS proposed changes to the Medicare Shared Savings ACO program.
The Task Force defines value-based payment arrangements as those which successfully incentivize and hold providers accountable for the total cost, patient experience and quality of care for a population of patients, either across an entire population over the course of a year or during a defined episode that spans multiple sites of care.
To learn more about Health Care Transformation Task Force, see a full list of members and stay up to date on its latest recommendations and reports, visit www.hcttf.org and follow the Task Force on Twitter at @HCTTF.
About Partners HealthCare
Partners HealthCare is an integrated health care system, founded by Brigham and Women’s Hospital and Massachusetts General Hospital, that offers patients a continuum of coordinated and high-quality care. In addition to its two academic medical centers, the Partners system includes community and specialty hospitals, a managed care organization, a physician network, community health centers, home health and long-term care services, and other health care entities. Partners HealthCare is committed to patient care, research, teaching, and service to the community. Partners is one of the nation’s leading biomedical research organizations and is a principal teaching affiliate of Harvard Medical School. Partners HealthCare is a non-profit organization.