Category: “Affordable Care Act”
- Major IDN sees major volume drop and significantly less revenue
In what could be a bellwether for healthcare under ACA, Community Health Systems has seen a major downturn in admissions and revenue. CHS, a Fortune 500 company, is the largest non-urban hospital owner. CHS operates 206 hospitals in 29 states.
- RX for R&D: Repealing the Medical Device Tax
- Hospital consolidation generally results in higher prices.
The Patient Protection and Affordable Care Act (ACA) promotes Accountable Care Organizations (ACOs) and the bundling of payments across providers for an episode of care (“bundled payments”), both of which encourage consolidation between hospitals and physician practices.