Congress has been out of session this week following Memorial Day.
The No Surprises Act’s RxDC reporting deadline for the 2023 calendar year is this coming Saturday, June 1.
Healthcare Dive tells us,
- “The House Budget Committee met Thursday [May 23, 2024] to discuss the impact of healthcare mergers and acquisitions on cost, quality and access and arrived at a bipartisan consensus: Something needs to be done to halt the rampant pace of consolidation before it inflates medical costs further.
- “What, exactly, remains unclear, though lawmakers and witnesses during the hearing expressed support for standardizing Medicare payments between hospital-owned outpatient sites and independent physician offices for the same services.
- “Such site-neutral policies are “very bipartisan,” testified Sophia Tripoli, the senior director of health policy at patient advocacy group Families USA. “It is a no brainer.”
- “Congress has been increasingly interested in tamping down on healthcare consolidation amid a mountain of evidence it increases costs without a corresponding increase in care quality, harming Americans’ ability to access and afford medical care. After a merger, hospitals can jack up their prices anywhere from 3% to 65%, according to a Rand review from 2022.
- “We just can’t afford to have this continued increase in prices,” said Rep. Ron Estes, R-Kan., during the hearing.”