Massachusetts watchdog wants to cut administrative healthcare costs

The Massachusetts Health Policy Commission is focusing on administrative costs as it aims to reduce healthcare expenses in the state, according to The Boston Globe.

The commission — an independent state agency that tracks healthcare spending growth and makes policy recommendations —  told the newspaper the goal is to reduce the amount healthcare institutions spend on administrative complexity or waste so they can put more resources toward patient care.

As the commission is developing cost reduction recommendations, it plans to review the credentialing process for physicians, processing of medical claims and prior authorization, according to the Globe.

The effort is expected to last months.

Read the Globe's full report here


More articles on healthcare finance:

Senator, HHS chief respond to CMS proposal on hospital price transparency
4 things to know about federal hospital payments for low-income, uninsured patients
Hospital profitability declined in June, analysis finds

Copyright © 2022 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars