Hospitals Anticipate Lower Revenues From Health Reform
More than half of hospitals surveyed by a Woburn-based health care compliance and benefits firm said they anticipate lower revenues to result from the Affordable Care Act.
Of 178 hospitals and health systems around the country, 55 percent said they expect revenues to drop, while 12 percent said they expect an increase in revenues and 28 percent said they don't yet know what impact the federal law will have, according to the survey done by health care software firm HighRoads and SullivanCotter.
None of the hospitals said they had plans to discontinue employee health benefits. And 60 percent plan to form accountable care organizations or something similar to provide benefits to employees.
ACOs, which are outlined in the law, provide incentives to keep a population of patients healthy and are seen by many as an alternative to the fee-for-service model.
WBJ Web Partners
Most Recent
Most Recent
0 Comments