CMW news: CMS' actuary weighs health reform
Case Management Weekly, January 6, 2010
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A memo written by Richard Foster, CMS’ chief actuary, says that the Senate healthcare reform bill could cause Medicare rates to grow more slowly and "in a way that was unrelated to, the providers' costs of furnishing services to beneficiaries".
Foster also says that providers who depend on Medicare for their business could find it difficult to remain profitable. Without legislative intervention, they could possibly end their participation in the program. The Office of the Actuary also estimates that about 20% of Part A providers could end up becoming unprofitable, as well.
Source: Healthleaders Media
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