Key Healthcare Reform Initiatives - Medicare Market Basket Productivity Adjustments

These adjustments, which reduce future compensation based on productivity improvements in hospitals and health systems, as well as skilled nursing facilities, long-term care hospitals, inpatient rehabilitation facilities and other ancillary care facilities will be affected. Adjustment of the Congressional Budget Office projects Medicare an estimated saving of $ 157 billion over 10 years.

Healthcare organizations that are in a good financial position to have to continue to improve just to maintain your position. The current unstable financial situation of the organization to take action right away costs, increase revenue, or both will need to reduce.



Basic "blocking and tackling work" (to improve revenue cycle, labor, or labor and supply chain cost-cutting) can create short-term benefits of an organization to buy some time..

BOTTOM LINE
Within the next 6-12 months, healthcare organizations a way to reduce your expenses or increase revenue by 3-5% will need to find a way to offset adjustments for medical productivity. They breathe some transformational changes that improve clinical and operating room on demand will give will.

About floss + STOCKAMP, Huron Health
Floss + Stockamp, ​​Huron Healthcare hospitals and health systems is a leading provider of solutions to improve performance. By partnering with customers, we have solutions that quality, to increase revenues, reduce costs, health across the enterprise and increase physician, patient, and deliver improved employee satisfaction.

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