Here are the key details to know:
1. The experts cited in the article, including Michael Munger, MD, president of the American Academy of Family Physicians and Jonathan Weiner, PhD, professor of health policy and management at Baltimore-based Johns Hopkins University Bloomberg School of Public Health, argued the new policy encourages more competition in healthcare and helps CMS save money.
2. Physicians in private practice may not see any extra income through the site-neutral policy and will continue being paid on the Medicare fee schedule, they said
3. Another effect of the payment change is that hospitals won’t be as incentivized to recruit physicians from private practices, according to the article.
More articles on turnarounds:
3 essential tips for ASCs onboarding a new department manager
‘The Washington Post’: DC officials should consider better alternatives to $300M hospital
How this Maryland surgery center’s design put patient experience 1st
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.