BIO Submits Comments Re: HCP LAN APM Draft Framework
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Alternative Payment Model Framework and Progress Tracking Work Group</div>
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Health Care Payment Learning & Action Network</div>
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U.S. Department of Health and Human Services</div>
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200 Independence Avenue, S.W.</div>
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Washington, D.C. 20201</div>
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BY ELECTRONIC DELIVERY</div>
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RE: Alternative Payment Models Framework Draft White Paper</div>
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Dear Alternative Payment Model Framework and Progress Tracking Work Group:</div>
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The Biotechnology Industry Organization (BIO) is pleased to submit feedback in response to the U.S. Department of Health and Human Services’ (HHS’s) Health Care Payment and Learning Action Network’s (HCP LAN) “Alternative Payment Models Framework Draft White Paper” (the “Draft White Paper”), released on October 22, 2015.1 BIO represents biotechnology companies, academic institutions, state biotechnology centers, and related organizations across the United States and in more than 30 other nations. BIO’s members develop medical products and technologies to treat patients afflicted with serious diseases, to delay the onset of these diseases, or to prevent them in the first place. In that way, our members’ novel therapeutics, vaccines, and diagnostics not only have improved health outcomes, but also have reduced healthcare expenditures due to fewer physician office visits, hospitalizations, and surgical interventions.</div>
