The survey captured responses from executives at 126 hospitals and health systems on the healthcare law and how their benefit programs will look in the future. Other key findings from the survey include:
• Seventy percent said they remain fully committed to providing healthcare coverage to employees in the long term, regardless of what happens to the PPACA or its health insurance exchanges.
• Forty-two percent plan to become an accountable care organization, and 16 percent plan to structure their employee health plan as an ACO-like program.
• Roughly 98 percent of respondents said they targeted and perceived their benefit programs (e.g., health insurance, retirement contributions, vacation, etc.) to be at or above the median.
• All respondents offer some type of qualified retirement plan. Sixty-one percent offer both defined benefit and defined contribution plans, while 39 percent have a defined contribution plan only.
More Articles on Hospital Revenue:
Hospital Labs: Money Pits or Profit Centers?
RAC “Take-Backs” Increase, Expected to Escalate More
HCA Expects 14% Growth in 2012’s 1Q Revenue
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit