News
Newsmaker Interview: Drew Swiss, Vice President of Finance, Montefiore Medical System (Bronx, N.Y.)
Commentary: John K. Dugan, partner at PricewaterhouseCoopers LLP.
June Editorial: Richard Pizzi, Editor
Congress has promised healthcare reform legislation by July 31. Expect fireworks when they get down to the nitty-gritty, as the public plan option – proposed by some Democrats – is sure to be one of the choices.
Hospital officials won’t be pleased with the Centers for Medicare & Medicaid Services’ proposed 2010 payment rate updates for acute care and long-term care hospitals.
Congressional leaders have promised President Obama comprehensive healthcare reform legislation by July 31. This promise comes as many in Congress were beginning to believe it would take at least until this fall to come up with a bipartisan bill.
Several prominent healthcare professional groups, including America's Health Insurance Plans, the American Hospital Association and the American Medical Association, met with president Barack Obama in May to announce a plan to cut healthcare costs by $2 trillion over 10 years.
A recent study indicates medical practices spend $21 billion to $31 billion annually dealing with insurers – or more than $68,000 per physician per year.
The Medicare trust fund will be exhausted by 2017, two years earlier than originally projected, according to the annual report by the Medicare Trustees.
As healthcare finance professionals gather here for the Healthcare Financial Management Association’s 2009 ANI conference, they are faced with the worst economic environment in a generation, perhaps since the Great Depression.