Streamlined Hospital Regs To Save $1B Yearly, CMS Says

Law360, New York (May 10, 2012, 3:14 PM EDT) -- Acting on an executive order to cut red tape, the Centers for Medicare and Medicaid Services on Wednesday finalized regulatory reforms that are expected to save health care providers more than $1 billion annually and appear to have been shaped heavily by industry opinion.

The bulk of the savings — $940 million — will result from streamlined conditions hospitals must meet to participate in Medicare and Medicaid.

Regulations related to hospital governing boards, doctor’s privileges and reporting of patient deaths are among the many requirements being...
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