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The ACP’s Ideas to Lower the Costs of Healthcare

Naval Parikh, MD

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An alumnus of the Medical University of South Carolina and a former hospitalist with Inpatient Physician Consultants, Naval Parikh, MD, now serves as the clinical site coordinator with NAPA Research. Supplementing his pursuits in healthcare, Dr. Naval Parikh maintains active membership with the American College of Physicians (ACP).

In response to a request for ideas on how to lower healthcare costs from the United States Senate Committee on Health, Education, Labor and Pensions, the ACP outlined its recommendations for alleviating high bills for American consumers and patients on March 1, 2019. With an emphasis on the importance of bipartisan solutions to achieve this objective, the ACP called upon further investment in primary care to steer clinical decision-making and increased transparency in clinical-care pricing and outcomes. The ACP also supports financial backing for and the testing of value-based payment models.
Another ACP priority concerns promoting better physician training, as well as more funding for integral public-health programs like the National Health Service Corps. Other principal matters include the continued improvement of the Quality Payment Program and a reduction in prescription-drug costs by allowing more generic drugs to make it to the marketplace.