Modern Healthcare August 29, 2017
The U.S. hospital industry was a major beneficiary of the Obama years. In exchange for significant Medicare rate concessions, hospitals received more than 20 million paying patients from the Affordable Care Act. They also received a significant political gift from Congress: The Medicare Access and CHIP Reauthorization Act applied new pressure on independent physicians to enter salaried employment by hospitals to escape federal recordkeeping requirements.
While the country remained fixated on the fate of Obamacare, HHS, headed by arch-conservative orthopedic surgeon Dr. Tom Price, has been quietly looking for ways to help independent practicing physicians. Recently, the department exempted most practicing physicians from the Merit-based Incentive Payment System reporting requirements of MACRA for 2018. It also markedly reduced the amount...
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