Healthcare Finance News August 19, 2025
Hospitals have four months to prepare, says former VA secretary who serves on the board of Sanford Health.
Hospitals mandated to take part in the new TEAM’s model have four months to get ready for the Jan. 1, 2026, start of the episode-based model.
Until the Transforming Episode Accountability Model (TEAM) was finalized in late July in the 2026 Inpatient Prospective Payment System final rule, hospitals were unsure whether the model introduced under the Biden administration would move forward.
Hospitals have been watching and waiting, according to Dr. David Shulkin, former secretary of the Department of Veterans Affairs and board member at Sanford Health, a large rural hospital system based in Sioux Falls, South Dakota.
“Hospitals are grappling with...
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