Adam Boehler has stepped down from his position as head of the Center for Medicare and Medicaid Innovation to take a position in the world of foreign aid.
In addition to his CMMI role, Boehler served as a senior advisor to Health and Human Services Secretary Alex Azar on value-based care. The idea behind value-based care is that rather than paying for procedures, medical insurance should pay for patient outcomes—an idea that has been championed by the Trump administration.
As the primary driver of the transition to value-based care, Boehler has worked to create models to pay primary care physicians based on value, tie prices of drugs administered in a doctor’s office to the amount other countries pay, and drive to move more patients to home dialysis as a means of cost savings.
Before he was tapped for the CMMI position, Adam Boehler founded several businesses, including home-based care company Landmark Health and laboratory benefit services company Avalon Healthcare Solutions. He was also a leader at investment groups Francisco Partners and Accretive Inc.
These investor roles are presumably what gave President Trump the idea that Boehler would be a good fit for his new position as head of the International Development Finance Corporation, which Congress created in 2018 to merge two government bureaus: the Overseas Private Investment Corporation and the U.S. Agency for International Development’s Development Credit Authority. OPIC raises private capital to help develop emerging economies and the Development Credit Authority provides credit guarantees for financing in developing countries.
Adam Boehler’s “upcoming nomination is a strong testament to the incredible job he has done leading CMMI,” said Center for Medicare & Medicaid Services Administrator Seema Verma.
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