4 Recent Medicare, Medicaid Issues
1. If Congress passes a temporary fix to the sustainable growth rate for this year, as is expected, the total one-year cost will be $25 billion. The SGR is the formula used to determine Medicare payments to physicians.
2. Oklahoma was the latest state to reject the Medicaid expansion and health insurance exchange, which are part of President Barack Obama's Patient Protection and Affordable Care Act.
3. Medicare reimbursements reductions are a top shared concern between hospital C-level executives and supply chain leaders.
4. Hospital and healthcare revenue growth rates continued to trudge along at glacial rates, as the average per capita cost of healthcare services covered by commercial payors and Medicare increased only 5.06 percent from August through September, according to Standard & Poor's Healthcare Economic Indices.
More Articles on Medicare and Medicaid:
© Copyright ASC COMMUNICATIONS 2015. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.
New From Becker's Hospital CFO