Blunting the negative impact of healthcare reform.
To prepare for reform, organizations should take the following preventive measures: Create an integrated plan to evaluate the changes under health reform and implement actions for long-term financial success. Plan for lower Medicare payments by negotiating with commercial insurance carriers for contract renewals and implementing cost containment measures. Assess the effectiveness of the charge structure. Improve or establish new procedures to identify and report all charity care services provided.
Wallin
Venson
V
Ernst & Young LLP, Richmond, VA, USA. venson.wallin@ey.com
Parrott
Lynne
L
Simon
John
J
D003953:Diagnosis-Related Groups; D004469:Economics, Hospital / Q000331:legislation & jurisprudence; D005377:Financial Management, Hospital / Q000191:economics / Q000331:legislation & jurisprudence; D018166:Health Care Reform / Q000191:economics* / Q000331:legislation & jurisprudence; D006801:Humans; D008484:Medicaid / Q000191:economics / Q000331:legislation & jurisprudence; D006278:Medicare / Q000191:economics / Q000331:legislation & jurisprudence; D012051:Reimbursement Mechanisms; D014481:United States