I have no political agenda in posting this. However, I believe it is important for animal health pros to see this legal action and consider how it might play out in animal health. One thing for sure, the ability to differentiate services, skills and value-adds may become further homogenized in this environment.
The rule, finalized Thursday by the Centers for Medicare and Medicaid Services, is part of the Trump administration’s goal toward “value-based care,” which aims to reduce the costs of healthcare while improving outcomes. Officials hope to be able to drive down costs by showing patients more information about what different medical procedures will cost, and at times encourage them to shop around.
Source: Washington Examiner, August 28, 2018. Link. The new rule goes into effect January 1, 2019.
The posted prices are different than what most patients and health insurance companies pay for care, because each insurer or government payer such as Medicare negotiates payments.