MD's tough hospital spending proposal seen as 'nationally significant'
Maryland officials have proposed what analysts call the most ambitious initiative in the country to control soaring medical spending, a plan that would bring relief to employers and consumers footing the bill while bluntly challenging the state's powerful hospital industry. The blueprint, which needs the Obama administration's approval, would use Maryland's unique rate-setting system to keep hospital spending from growing no faster than the overall economy — roughly half its recent rate of increase. While some see Massachusetts as pushing boundaries by trying to establish health-spending ceilings, "Maryland has set hospital prices for more than 30 years" for insurance companies and Medicare alike, state health secretary Joshua Sharfstein said in an interview.
- 'Mega Boards' Could be Rural Healthcare Disruptor
- 1 in 5 Eligible Hospitals Penalized for HACs
- HL20: Lee Aase—Who's Behind @MayoClinic
- Meaningful Use Payment Adjustments Begin
- 12 Hires to Keep Your Hospital Out of Trouble
- No Boost to NFP Hospital Bond Ratings from Medicaid Expansion
- Ratcheting Up Patient Experience Has a Downside
- HL20: Peter Semczuk, DDS, MPH—Taking on the Big Challenges
- HL20: Rebecca Katz—Cooking Up Sustainable Nourishment
- Top 3 Nursing Lessons of 2014