NASEM: Financing and Payment Strategies to Support High-Quality Care for People with Serious Illness

On November 29, 2017, the National Academies of Sciences Engineering and Medicine's (NASEM) Roundtable on Quality Care for People with Serious Illness hosted a public workshop on financing and payment strategies to support high-quality care for people with serious illness.

The workshop featured invited presentations and panel discussions on the following:

•Integrated financing models such as Medicare Advantage programs, Program of All-Inclusive Care for the Elderly (PACE) and risk-based payment approaches such as Accountable Care Organizations (ACO) and bundled payments

•Programs such as the Medicare hospice benefit, Medicare Home Health Care, Medicaid Home Health Care, and financing and payment methods for the dual eligible population

•Incorporation of performance metrics in payment models, such as pay for performance and performance incentives

•Potential policy steps to address key gaps, challenges and opportunities related to financing and payment models to support high-quality care for serious illness               

•The workshop was presented as a live webcast on the National Academy webpage