Use Medicare to Hold Industry to Cost and Quality Promises

On June 1, leaders of the health care industry reaffirmed their pledge to reform a health care system that is rife with inefficiencies, costs too much, and fails to deliver the quality of care Americans expect.

There’s no disagreement about the importance of the industry’s proposals, which include better coordination of care, elimination of errors, reductions in unnecessary services, prevention of unnecessary hospital stays and management of chronic illness. And experts agree that these measures can substantially slow cost growth, enhance quality and help restore economic prosperity—as President Barack Obama’s Council of Economic Advisers’ reported.

Read more here.