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Blunting the negative impact of healthcare reform
Venson Wallin1, Lynne Parrott, John Simon
1Ernst & Young LLP, Richmond, VA, USA. venson.wallin@ey.com
Abstract:
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.
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