This post is taken from an article by Robin L. Rose, MBA VP, Healthcare Resource Group, HealthStream, where she looks ahead at the coming year, with an eye to big picture trends that could have a significant impact on how we provide and experience care.
CMS is changing course.
In late 2017, the American Hospital Association (AHA) released a report entitled, “Regulatory Overload” documenting the burden government regulation was placing on the healthcare industry. Here are some staggering statistics:
In the report, the AHA recommended a number of regulatory changes to ease the burden on the U.S. healthcare system, such as suspending hospital star ratings and cancelling Stage 3 of meaningful use.
In response, Seema Verma, CMS’ new administrator, has been open to change. “We recognize that some regulations are necessary to ensure patient safety, quality and program integrity, but many are redundant, ineffective and have a negative effect on patient care by taking providers away from their primary mission— improving their patients’ health outcomes… the agency is continuing to “move away from a fee-for-service approach to a system that is value-based and that rewards value over volume” (Verma, 2018).
Verma has introduced a “Patients over Paperwork” initiative, that directs federal agencies to “cut the red tape” to reduce burdensome regulations. Some of the changes included in this initiative are:
Additional Healthcare Trends to Watch
Other trends identified in this article include:
“Regulatory Overload,” American Hospital Association, 2017, https://www.aha.org/system/files/2018-02/regulatory-overload-report.pdf
Verma, Seema, “CMS’s Verma Discusses Regulatory Relief, Move to Valued-based Payment,” American Hospital Association, May 17, 2018, https://www.aha.org/news/headline/2018-05-07-cmss-verma-discusses-regulatory-relief-move-valued-based-payment
Download the complete article here.
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