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Transcripts For CSPAN2 Key Capitol Hill Hearings 20160222

Participation today. We have a Wonderful Group from Georgetown University medical center, medstar, as well as from the university at large. So we are really delighted to have the opportunity to welcome each and every one of you and particularly pleased to welcome dr. Patrick conway. I thought before professor introducing dr. Conway i wanted to publicly thank the generosity of the mcculley family who has underwritten the schools to offer this kind of extraordinary gift of leaders and health care to address your university and schools community. Some of our past lectures mike from human services, academy dr. Diana mason, American College of healthcare executives and now dr. Patrick conway is added to the list. So we are really just delighted to have you with us. Those of us who are involved in prepareing
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Transcripts For CSPAN3 Politics Public Policy Today 20141031

So to give you a sense of why that really diminishes the incentives, if you think about an aco increasing spending during a Contract Period, medicare shared savings program, aco for example that isnt facing any Downside Risk, they are penalized for doing that. And it increases their benchmark for the following Contract Period and then they can receive a shared savings bonus for doing nothing. Under the pioneer program, they are penalized for doing more, but again theres that offsetting effect by the benchmark going up and the subsequent Contract Period, so for pioneer acos the incentives are more akin to fee for service with a lag. Then, thinking about the fixed costs of investing in systems to actually control spending, the rebasing is that much more of a problem ....

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