Radiology Business April 29, 2024
California has placed a 3% cap on annual healthcare price increases, despite opposition from radiologists and other physicians.
The rule change is set to take effect in 2029 after local lawmakers approved it on April 23. California becomes the ninth state to place such a ceiling on price increases, which legislators enacted to counteract escalating costs spanning 20 years, the Associated Press reported.
The California Radiological Society had lobbied against the law change, noting the escalating cost of providing care across the U.S.
“Adopting a 3% healthcare spending growth target, which most physician practices and healthcare entities will be unable to meet, will negatively impact access to healthcare for Californians…,” Matthew Peralta, executive director of the society, wrote to state...
Today's Sponsors
Today's Sponsor