Erica Socker (@ericasocker) 's Twitter Profile
Erica Socker

@ericasocker

VP for Health Care, @Arnold_Ventures. Thoughts my own.

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calendar_today27-05-2021 20:15:53

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Arnold Ventures (@arnold_ventures) 's Twitter Profile Photo

While patients are protected from costly surprise medical bills, new data shows repeated efforts to weaken the #NoSurprisesAct could ultimately lead to less savings for consumers, employers & taxpayers than initially projected.

Erica Socker (@ericasocker) 's Twitter Profile Photo

A new CRFB.org brief calls for reforms to Medicare Advantage’s quality bonus program. MedPAC has called the QBP seriously flawed. It costs $15B a year, does not improve or reflect quality well, and does not provide meaningful information to beneficiaries choosing a plan.

Brown University School of Public Health (@brown_sph) 's Twitter Profile Photo

CAHPR traveled to DC last week for The Future of Medicare: The Rise of Medicare Advantage & What Comes Next! "It was great to be able to get a group of experts together," said David Meyers, "to discuss solutions to one of the pressing domestic policy issues." Andrew Ryan

CAHPR traveled to DC last week for The Future of Medicare: The Rise of Medicare Advantage &amp; What Comes Next! "It was great to be able to get a group of experts together," said <a href="/djmeyers2/">David Meyers</a>, "to discuss solutions to one of the pressing domestic policy issues." <a href="/Andy_Ryan_dydx/">Andrew Ryan</a>
Erica Socker (@ericasocker) 's Twitter Profile Photo

States lead the way on addressing rising hospital prices. OR capped hospital prices for the state employee plan and here's what happened: 📉 outpatient facility prices decreased 💰 OR saved $107M in the 1st 2 yrs ✅ no hospitals left the network or closed healthaffairs.org/doi/full/10.13…

Johanna Butler (@johanna_butler) 's Twitter Profile Photo

New from Arnold Ventures: Reflections on #hcvalueweek & Accountable for Health's summit earlier this year. Learn how a shift away from fee-for-service payment can improve efficiency and provide high-quality, patient-first health care ⬇️ arnoldventures.org/stories/succes…

Erica Socker (@ericasocker) 's Twitter Profile Photo

The MA quality program "was designed to incentivize MA plans to improve quality and to help beneficiaries select high-quality plans. The program has failed to achieve either of those goals..." More on MA's quality bonus program and potential reforms 👇

Erica Socker (@ericasocker) 's Twitter Profile Photo

Couldn't agree more with Washington Post Opinions. Congress should act to get #siteneutral payment reform done this year. Medicare beneficiaries should not pay 2-3x more for routine services delivered in a hospital outpatient facility rather than a doctor's office.

Erica Socker (@ericasocker) 's Twitter Profile Photo

Happy MedPAC report day! MedPAC's latest report reiterates the urgent need for Medicare Advantage reforms. Coding alone will lead to excess payments of $50B this year. And beneficiaries will pay $13B more in premiums due to overpayments to MA plans.

Larry Levitt (@larry_levitt) 's Twitter Profile Photo

This somewhat complicated chart from the body that advises Congress on Medicare (MedPAC) is quite stunning when you think about it. It costs the government $83 billion more to provide coverage through private Medicare Advantage plans than in traditional Medicare.

This somewhat complicated chart from the body that advises Congress on Medicare (<a href="/medicarepayment/">MedPAC</a>) is quite stunning when you think about it.

It costs the government $83 billion more to provide coverage through private Medicare Advantage plans than in traditional Medicare.
Arnold Ventures (@arnold_ventures) 's Twitter Profile Photo

New announcement from CMS Innovation Center: primary care providers in select ACOs can soon receive population-based payments. While specifics on the model are forthcoming, this is an exciting step. cms.gov/newsroom/press…

Center on Health Insurance Reforms (@gtownchir) 's Twitter Profile Photo

Center on Health Insurance Reforms is hosting a new webinar series, "Understanding Hospital Financing." Join us for the first webinar on Friday, 4/19, and hear from experts, state policymakers & more! Register to attend here: bit.ly/3TxDCyO

Erica Socker (@ericasocker) 's Twitter Profile Photo

"Even though we served under presidents for different parties, we both recommended that Congress adopt policies advancing site-neutral payments to save patients and taxpayers money." - former HHS Secretaries Alex Azar and Kathleen Sebelius statnews.com/2024/04/18/sit…

John Arnold (@johnarnoldfndtn) 's Twitter Profile Photo

Hospital systems have justified horizontal mergers for years claiming that larger scale will lower costs and raise quality. We now have the 3rd study showing that merged systems, even if in different markets, materially raise prices & don't improve quality measures. via STAT

Hospital systems have justified horizontal mergers for years claiming that larger scale will lower costs and raise quality. We now have the 3rd study showing that merged systems, even if in different markets, materially raise prices &amp; don't improve quality measures.
via <a href="/statnews/">STAT</a>
Erica Socker (@ericasocker) 's Twitter Profile Photo

This year's RAND data reiterates that the prices hospitals charge people with private insurance far exceed what Medicare pays (2.5x Medicare rates on average). An important driver of high prices? The market power of large, consolidated hospitals and health systems.

Larry Levitt (@larry_levitt) 's Twitter Profile Photo

Health reform efforts in the past have been largely framed around expanding insurance coverage. Whenever the next health reform debate comes, it will likely be focused on the cost burden, including for those with insurance. Caitlin Owens Axios axios.com/2024/05/14/bid…

Erica Socker (@ericasocker) 's Twitter Profile Photo

Join our team! We're looking for someone to work on our Medicare and payment reform team. This is a great opportunity for someone earlier on in their career to learn more about these health policy issues and work with an amazing set of colleagues! Apply 👇arnoldventures.org/careers/health…

Alexandra Spratt (@a_spratt) 's Twitter Profile Photo

New CRFB.org brief: "Over the next decade (2025-2034), we estimate that the federal revenue loss from the nonprofit hospital tax exemption will total around $260 billion." crfb.org/papers/federal…

Erica Socker (@ericasocker) 's Twitter Profile Photo

Paying the same price for routine services whether they’re delivered in a physician office or a hospital outpatient facility is a commonsense reform with strong bipartisan support. Tune in now to hear more at today’s Paragon Health Institute event. c-span.org/video/?537419-…