Accounting & Financial Management
The expectation is that customers will be able to minimize the risk of missing rebate program revenue targets and receive rebate funds more quickly.
Kaiser Chair and CEO Greg Adams said the COVID-19 pandemic continues to impact the system, leading to income and margin pressures.
The leaders urged Congress to quickly disperse remaining funding from the Provider Relief Fund and add $25 billion.
Since 2014, drug prices have increased 35%, while the cost of all items and services has increased 19%.
The move is meant to further support its associates, mission and 2030 transformation strategy, the nonprofit system says.
Many organizations ended the year in better financial shape than 2020, but overall performance is below pre-pandemic levels.
The percentage of total physician compensation based on quality and cost was modest - 9% for primary care providers and 5% for specialists.
This is the first performance improvement plan issued by the Massachusetts Health Policy Commission.
The AHA is also urging the Federal Trade Commission to investigate reports of anticompetitive pricing by nurse-staffing agencies.
Independent physician groups, which include telehealth docs, must now accept a rate that someone else has negotiated, expert says.