Healthcare DIVE January 26, 2022
Dive Brief:
- Mass General Brigham’s spending has raised significant concerns about the state’s ability to meet its benchmark cost growth target, Massachusetts health regulators said Tuesday. The state’s largest health system must now submit a performance improvement plan to regulators.
- This is the first performance improvement plan the Health Policy Commission has ever required, the commission said Tuesday.
- Under the PIP, Mass General will now have to identify the causes of the spending growth, attach a savings goal and list the specific steps it will take to meet its target, according to the process Health Policy Commission lists online. Mass Gen will be subject to monitoring by HPC during an 18-month period.
Dive Insight:
To achieve Massachusetts’ ambitious...