Healthcare IT News February 22, 2018
The administration said the burden these programs put on doctors and hospitals has led to consolidation, which reduces competition and drives prices higher.
The Economic Report of the President released by the White House on Feb. 21 contends that meaningful use and quality metrics reporting overly burdened small, independent practices.
Solo physicians and smaller medical groups that struggle to pay for an electronic health record system to comply with government reporting requirements have sold out to hospitals, and the resulting consolidation had raised prices for consumers, according to the report.
The administration also blames the Affordable Care Act for the mandated cuts in hospital payments, noting that new regulatory burdens made it difficult for smaller institutions to go it alone.
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