New California Health Care Affordability Shop To Push New Pay Models

California’s new budget bill, signed on Thursday (June 30) by Gov. Gavin Newsom (D), creates an Office of Health Care Affordability that will collect health care data from insurers, hospitals and physicians and use the information to push new payment models and set statewide spending targets for specific health care sectors. The new office is expected to drive California’s efforts to move away from the fee-for-service model of paying for care and toward alternative, value-based payment models. “The Office will...