HANYS Begins Preparing Members for Federal Health Care Reform Implementation
By providing members comprehensive summaries, slide presentations, impact reports, Webconferences, and other resources, HANYS is taking the first steps toward helping members prepare for implementation of comprehensive federal health care reform--the Patient Protection and Affordable Care Act, as modified by the Health Care and Education Affordability Reconciliation Act.
The new law sets into motion a decade-long implementation process that will substantially alter health care delivery and payment systems. In coming years, the hospital and continuing care community in New York and throughout the nation will undertake the ambitious task of implementing these reforms against a backdrop of legislated, long-term reductions in Medicare and Medicaid reimbursement.
New York’s hospitals, hospital-based skilled nursing facilities, home health agencies, and hospices will face approximately $13.5 billion in cuts over the next ten years. While hospitals will experience revenue increases as health insurance coverage expansion begins in 2014, reductions begin right away and many hospitals expect the cuts to outstrip the value of any revenue increases.
In addition, while delivery system reform offers hospitals and continuing care providers a promising path toward much-needed integration of care delivery and alignment of financial incentives, this path is fraught with structural and resource challenges. Providers need to think and plan strategically for reform implementation. HANYS sent members an e-lert yesterday providing members a wealth of information and education regarding the new law and how it will affect care delivery and reimbursement.
As federal reform rules are promulgated and reform initiatives are launched, HANYS will continue its advocacy to ensure that health care providers have the resources they need to implement reform. HANYS will also continue to provide members the latest information on developments in Washington and Albany affecting these reform initiatives. Contact: Susan Van Meter