Healthcare Reform Law Creates 111M Hours of Paperwork: Study
The Patient Protection and Affordable Care Act has imposed approximately 111.4 million hours of paperwork, according to a new study from American Action Forum, a conservative think tank.
Based on that finding, the AAF said it would take 55,742 employees working 2,000 hours in a year to complete the red tape required in the PPACA. Some of the most time-consuming provisions of the law, according to the AAF, are:
• Final inpatient prospective payment — 6.84 million hoursThe law has also imposed approximately $30.8 billion in costs, according to the study. Some of the most costly provisions of the law, according to the AAF, are:
• Final outpatient prospective payment — 1.01 million hours
• Final billing for skilled nursing facilities — 0.91 million hours
• Proposed menu labeling — $757.1 millionThe study also said that "2013 is the real race to the finish" for the healthcare reform law, and that the public can expect "rules to undergo expedient White House review, provide brief comment periods and contain incomplete benefit-cost analyses."
• Final shared savings program — $451 million
• Proposed vending machine labeling — $423.1 million
More Articles on the PPACA:3 Years of PPACA: The 5 Biggest Changes in Healthcare Since the Law's Passage
CMS Touts Lower Healthcare Spending, Readmissions Under PPACA
HHS: PPACA Extended Free Preventive Care to 71M Americans
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
New from Becker's ASC Review
Medical Device Industry leader to Know: Guntmar Eisen of Paradigm SpineRead Now
- Randy Oostra, Michael Sanborn, and Dr. Michael Schatzlein to Speak at Becker's Hospital Meeting
- 6 Questions to Help Identify the Best Candidates for Hire
- Medical Device Industry leader to Know: Guntmar Eisen of Paradigm Spine
- Unique Methods of Payment: Opportunities for ASCs?
- ASC M&A Activity: 4 Big Trends for 2014 From HealthCare Appraisers