In the final rule for the fiscal year 2019 update to the inpatient prospective payment system, effective August 17, 2018, CMS announced a new round of applications due to the closure of Memorial Hospital of Rhode Island. This is only the 13th round of section 5506 cap space reallocation since passage of the PPACA.
A new teaching hospital exception allows hospitals that were not training residents as of 1996 to establish a new resident cap, increasing the total number of Medicare-funded residency slots across the country.
Last Friday, President Trump, with the help of Health and Human Services Secretary Alex Azar, unveiled the administration’s “Blueprint to Lower Drug Prices.” As this issue was a central tenet of President Trump’s 2016 campaign platform, guidance on the administration’s approach to tackling drug prices has long been anticipated.
Prescription drugs have long been one of the greatest plagues on the country’s healthcare costs. While this issue has garnered attention for decades, the drug debate has a renewed vigor in Washington since President Trump unveiled his “Blueprint to Lower Drug Prices” last week.
The goals of the four maternal care designation levels are to improve maternal and newborn outcomes and reduce healthcare costs. How do you prepare for the changes?
Teaching hospitals across the United States spend an estimated $17 billion annually on graduate medical education (GME) programs. While federal and state funding provides some offsetting revenue, teaching hospitals and academic health systems must make a significant investment in training new physicians each year.
For those acute care hospitals and physician group practices that submitted applications, there are three key areas to focus efforts in the coming months to prepare for BPCI Advanced: Analyze, Prioritize and Operationalize.
Why have medical schools become more dependent on funding from teaching hospitals? Because all other funding sources have flattened or declined, while maintaining competitive academic programs has only become more expensive.
At the Nossaman/CASA spring conference that was held in Los Angeles, lawyers and administrators gathered to collaborate on how ASCs can be an important solution in the healthcare industry. ECG was a sponsor of this event.
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