AXIOS January 25, 2022
Mass General Brigham must submit a plan to lower rising costs that stem from the hospital system’s expensive care, the Massachusetts Health Policy Commission said today.
Why it matters: This commission is viewed as a potential template for other states to regulate rising hospital and physician spending. This is the first time the agency has taken action on a hospital system to temper costs.
What they’re saying: Mass General Brigham — the dominant, tax-exempt academic hospital organization in Massachusetts with $16 billion of annual revenue — has the highest prices in the state.
- The system’s market power has led to residents paying a lot more in health insurance premiums and taxes, and that higher spending “raises significant concerns” and...
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