Can hospitals cut costs, increase the quality of care, and improve patient outcomes? The State of Maryland and the Centers for Medicare & Medicaid Services (CMS) challenge hospitals to do just that in a newly announced reform initiative that could soon serve as a model for the rest of the country.
On January 10, 2014, CMS and Maryland announced an initiative to modernize the state's all-payer rate-setting system (referred to herein as the All-Payer Model). The newly reformed All-Payer Model will bring significant changes in the way that healthcare is provided and reimbursed in the state. In turn, Maryland’s healthcare providers will be presented with unique challenges as they implement the requirements of the new system.
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Topics: CMS, Healthcare, Hospitals, Medicare, Waivers
Published In: Health Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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