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Mr. BUCHANAN. Mr. Speaker, I thank Chairman Smith for his incredible leadership over the years.
Mr. Speaker, I rise in strong support of my bill, the Health Care Efficiency Through Flexibility Act, which helps minimize burdens on value-based care organizations.
We must move away from fee-for-service. As someone who has been in business for a long time, the incentives are wrong. That is part of the problem. The more you do, the more you make. The sicker you are, the more you make, and I just don't like it. Not to say that doctors take advantage of it, but the incentives are wrong, and we need to fix that.
That is why I am in strong support of accountable care organizations. Americans are served better, and the focus needs to be on quality of care, not quantity. As our health system continues shifting toward value-based care, we need to do everything we can to make healthcare more supportive, especially in ACOs.
ACOs and Medicare share a portion of it in terms of the program. They save approximately $2 billion annually. My bill ensures a smooth transition to digital reporting so physicians can be more focused on their patients themselves.
I thank Mr. Panetta for his bipartisan leadership and for helping me, working together on this. I thank Leader Scalise and the whip for letting me bring this to the floor today.
Mr. Speaker, I urge my colleagues to support the Health Care Efficiency Through Flexibility Act.
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