CHICAGO May 18, 2012 Ken Perez Chicago, Ill.
In his presentation, "Key Developments in Medicare Reimbursement and the Implications for the Delivery of Care," Perez summarized the societal, legislative and market context of current healthcare economics. He provided a brief review of the history of Medicare and its significance to hospitals, described planned and potential cuts to Medicare reimbursement, and concluded with a number of recommendations for hospitals.
the combination of multiple factors: Affordable Care Act (ACA)-mandated reductions, likely cuts to Medicare as a result of the Budget Control Act of 2011 (the "debt deal"), sustainable growth rate (SGR) assumptions and the potential ramifications of a permanent "doc fix," the rise of risk-based reimbursement, and pressure from commercial payers.
$156 billion $5 million