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The greatest threat to the U.S. budget stability in the coming decade is the growth of federal spending on healthcare, according to the Congressional Budget Office (CBO), which found that spending for Medicare and Medicaid, under current law, is expected to keep growing faster than the economy, reaching 6.6 percent of the gross domestic product by 2020 and potentially reaching 10 percent by 2035.
The increased computerization of U.S. hospitals hasn't made them cheaper or more efficient, although it may modestly improve the quality of care for heart attacks, Harvard researchers reported in the Nov. 20 edition of the American Journal of Medicine.
The most promising option for curbing healthcare spending is changing the way doctors and hospitals are paid to provide care, but implementing such a system must overcome significant obstacles to be successful, according to an analysis by the nonprofit research organization RAND that was published Nov. 11 in the New England Journal of Medicine.
Democrats from the U.S. House of Representatives on Oct. 30 unveiled a revised healthcare reform proposal—H.R. 3692, the Affordable Health Care for America Act—which the Congressional Budget Office estimated carries an $894 billion price tag for the federal government.
The Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation have released a preliminary analysis of the Senate healthcare reform legislation, Chairman’s Mark for the America’s Healthy Future Act of 2009, estimating the bill would reduce federal budget deficits by $81 billion over the 2010–2019 period.
The Senate’s Health, Education, Labor and Pensions (HELP) Committee Wednesday passed the Affordable Health Choices Act (AHCA), a bill designed to provide affordable healthcare in the United States. The bipartisan bill includes more than 160 Republican amendments accepted during the month-long mark up.
CHICAGO—The American Recovery and Reinvestment Act (ARRA) is a "once in a lifetime event" for providers to grab economic incentives to adopt health IT, but the government still must define vague terms and settle on certification requirements, according to David W. Roberts, vice president of government relations for the Healthcare Information and Management Systems Society (HIMSS).
The Congressional Budget Office (CBO) has released a report approximating the costs of the current updated economic stimulus package currently being debated in the Senate, as well as estimating its assistance to the U.S. healthcare system.
The House of Representatives this week voted 289-139 to approve a bill renewing and expanding the State Children's Health Insurance Program (SCHIP) to about four million additional children in the United States.
The Department of Veterans Affairs (VA) has improved its quality of
healthcare through management initiatives and use of health IT,
according to an interim report from the Congressional Budget Office
(CBO).
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The Congressional Budget Office (CBO) and the Joint Committee on Taxation have estimated that the direct spending and revenue effects of enacting the Patient Protection and Affordable Care Act incorporating the manager’s amendment would yield a net reduction in federal deficits of $132 billion between 2010 and 2019.
Healthcare legislation expected to reach the Senate floor this weekend is projected to cost $848 billion and reduce the federal budget deficit by $130 billion over 10 years, according to the Congressional Budget Office (CBO).
A recent poll of healthcare providers by consulting firm IVANS indicated that they plan to make better use of health IT in an effort to curtail potential cutbacks from Medicare funding.
The Senate Finance Committee voted today in favor of its version of proposed healthcare reform legislation in a 14-9 vote, including the approval of Olympia Snowe, R.-Me.
The healthcare reform bill proposed in the U.S. House of Representatives last week would result in an estimated net increase in the federal budget deficit of $65 billion over the 2010-2019 period, according to a preliminary analysis performed by the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT), and released July 17.
Senate Finance Committee Chairman Max Baucus, D-Mont., and Senate Budget Committee Chairman Kent Conrad, D-N.D., introduced legislation to establish a private, nonprofit corporation that will research and compare clinical outcomes of alternative therapies and health strategies.
Written by Leigh Burchell
When President Barack Obama signed the American Recovery & Reinvestment Act on Feb. 17, he not only helped to stimulate the lagging U.S. economy, he also paved the way to providing every physician in America an affordable means to enter the digital era of medicine by implementing an EHR.
At Texas hospitals that have automated some aspects of their information systems, patients appear to have fewer complications, lower death rates and reduced costs, according to a report in the Jan. 26 issue of Archives of Internal Medicine.
A Congressional Budget Office (CBO) report for the Obama Administration and the new 111th Congress contains several policies for healthcare reform recommendations that directly impact how medical imaging services are delivered and reimbursed, according to the American College of Radiology (ACR).
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The use of health IT to reduce rehospitalizations will be welcome but also disruptive, said Stephen Jencks, an independent consultant in healthcare safety during a Feb. 24 webinar on the potential use of health IT to mitigate rehospitalizations, sponsored by the Agency for Healthcare Research and Quality (AHRQ).
During the Health IT Standards Committee meeting on Feb. 24 in Washington, D.C., the Clinical Operations Workgroup sought to gather comments on proposed recommendations on implementation specifications for content exchange, vocabulary and code set standards for the Interim Final Rule of meaningful use.
In 2006, the Center for Devices and Radiological Health (CDRH), a branch of the FDA, began examining the number of medical device reports they received. Over the past two years, the number of submitted reports has increased, sparking a demand for the CDRH to make a move to electronic reporting.
A new hospital breaking ground usually isn’t breaking news. But the vision of patient care at one new facility, tentatively named Palomar Medical Center West (PMC West), is currently illegal under California state law.