After serving in the role for 18 years under multiple presidents and parties, CMS Chief Actuary Rick Foster will retire next month, according to a New York Times report.
Known for presenting staunchly objective data to the ire of both parties, Mr. Foster and his office produced analyses and projections of the Medicare and Medicaid program for CMS to inform policymakers’ decisions regarding federal healthcare spending.
Most recently used in fiscal cliff negotiations between President Barack Obama and House Speaker John Boehner, Mr. Foster’s calculations challenged spending cuts included in the Patient Protection and Affordable Care Act, as well as the inclusion of prescription drug coverage in Medicare plans under the Bush administration.
CMS announced it would “soon begin a national recruitment effort” to find his successor.
More Articles on CMS:
Senate Finance Committee Calls for More State Medicaid Audits
The Year Ahead: 10 Challenges That Will Shape Hospital Strategy
3 Quick Tips to Increase Patient Survey Responses
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
