PPACA Won't Disappear If Romney is Elected: 5 Ways to Prepare

A Software Advice blog post by David Fried argues that even if Mitt Romney is elected president, much of the reform brought on by the Patient Protection and Affordable Care Act will be remain intact.

As a result, healthcare providers must accept the inevitable: changes brought on healthcare reform are coming, and providers need to prepare.

In the article, Mr. Fried provides five major areas hospitals and other healthcare providers should consider in order to prepare for the changes brought on by reform. They include:

1.    Prepare for more patients. The PPACA will extend health coverage to 32 million Americans.
2.    Make decisions regarding Medicare/Medicaid. Will providers continue to accept these patients as reimbursements drop?
3.    Embrace or reject EHRs. Understand the financial repurcussions that come along with both.
4.    Consider relocating to underserved areas. The PPACA includes a number of incentives for physicians in these areas.
5. Evaluate bundled payments and accountable care organizations. These programs reward hospitals and providers for care coordination and help them prepare for a future of reimbursements based on performance, not volume.

More Articles on Healthcare Reform:

CBO: PPACA's Uninsured Penalty May Total $7B in 2016
Obama and Romney on Healthcare Reform: They Don't Always Disagree
PPACA Could Directly Eliminate 400K Hospital Jobs in 2013, Average Hospital Would Shed Over 100 Positions

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