Chief Healthcare Executive May 15, 2023
A bipartisan effort has emerged that sponsors say would give insurers and hospitals more ability to negotiate prices.
Editor’s Note: Today, Chief Healthcare Executive® is launching a new series examining legislation that could affect hospitals and health systems.
The skinny
Lawmakers say a bipartisan bill will reduce healthcare costs and curb some anti-competitive practices from larger health systems.
Sponsors
U.S. Sen. Tammy Baldwin, a Democrat from Wisconsin; U.S. Sen. Michael Braun, an Indiana Republican.; and U.S. Rep. Michelle Steel, a Republican from California.
Summary
The sponsors of the bill say the legislation, dubbed the “Healthy Competition for Better Care Act,” will reduce anti-competitive practices in healthcare.
The lawmakers backing...
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