Americans ‘fed up’ with high healthcare costs, surprise billing, Verma says

Modern Healthcare September 10, 2019
Michael Brady

CMS Administrator Seema Verma on Tuesday called on hospitals to get on board with the Trump administration’s transparency and value-based payment policies, warning they could face tougher times and more government insurance competition if they resist.

Verma said the status quo is unacceptable and must change because Americans are “fed up” with high healthcare costs and surprise billing. She cautioned that these issues have led to calls for more government involvement in healthcare, which would ultimately harm hospitals’ bottom lines and increase regulatory burden.

She presented hospitals with a stark choice at an American Hospital Association meeting: embrace the Trump administration’s competition- and value-based approach to healthcare reform or prepare for dwindling fee-for-service revenues and Medicare for All or a...

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