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October 31, 2007

Future Impact of New Regulations

This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Analysis By:
Richard Baland, PartnerRichard Baland
Partner, B2B CFO
Implications: Infection Rates and Quality Indicators now impact reimbursement. The Revenue Cycle Team at a hospital must incorporate both features into any work plan.

Analysis:  With the new Infection standard and the withholding of reimbursement for associated stays, the impact should be felt more at larger hospitals. The national hospital infection rate is 9 percent. Our hospital boasts of a 0.5 percent rate. Most smaller hospitals have better infection rates and should suffer less with the new policy.

In addition, Medicare pays a 2% bonus to hospitals that report quality indicators. There is definitely a trend by CMS to both reward and penalize hospitals based upon quality standards.

Other Analyses of the Same Source Article:
Right Goal, Wrong Focus: Let's Stop the Pretending
October 26, 2007, Author: GLG Expert Contributor
CMS can't possibly know what is Medically preventable, only know how to prevent paying
October 19, 2007, Author: GLG Expert Contributor
CMS pay for performance scam
October 19, 2007, Author: GLG Expert Contributor
New medicare regulations might result in better care, but at what cost?
October 19, 2007, Author: Wayel Kaakaji, Chief Executive Officer and Medical Director, Spinal and Neurosurgical Institute
Big Brother Strikes Again
October 19, 2007, Author: Michael Wolff, MD, Urologist, Alamance Regional Medical Center, Inc
The Medicare straight jacket: logos over ethos.
October 18, 2007, Author: GLG Expert Contributor
Government Nonsense, Again
October 18, 2007, Author: GLG Expert Contributor
Pharmaceutical Companies, Hospitals and Physicians may be in for a rude awakening
October 18, 2007, Author: GLG Expert Contributor

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