Larger transactions and diversification influencing hospital M&A activity
In this webinar, we sat down with Thomas Campanella, Healthcare Executive in Residence at Baldwin Wallace University, to understand what the key elements are in developing a comprehensive approach to healthcare policy and how cost of care, quality outcomes and access to care are interrelated.
Automating common healthcare administrative transactions, such as prior authorization, has reduced annual costs by $122 billion, finds the 2020 CAQH Index. However, the industry is still leaving $16.3 billion in potential savings on the table.
The American Hospital Association (AHA) was hoping for intervention from the D.C. Circuit Court of Appeals as the Price Transparency rule requiring hospitals to publicize rates goes into effect Friday, January 1, 2021. The AHA filed for an emergency notion to block the rule from going into effect, citing hospitals are overwhelmed with COVID-19 vaccine distribution and record-high caseloads of COVID-19.
Below are some of the key healthcare-related provisions in the legislation, including a detailed breakdown of the provisions related to funding for healthcare providers under the COVID-19 Provider Relief Fund (PRF).