ACO Rules are Out
The Administration just released its final accountable care organization regulation, which can be viewed here. This is from Chris Jacobs:
- At 696 pages, the final rule is more than 50 percent longer than the 429-page proposed rule released earlier this year….
- The regulation also uses the word require (or some variation thereof) a whopping 1,064 times – up from 601 references in the proposed rule….
- With the release of the final ACO reg, we will have exceeded 10,000 pages of Obamacare regulations and related notices published in the Federal Register….
For a more positive view, see Mark McClellan and Elliott Fisher in Health Affairs. Michael Millenson, who was quite critical of the draft rules, is more optimistic this time around.
The new rules require hospitals to sharply reduce admission rates, but provide meager incentives to do so. Without offering a different way of being paid (along the lines of John Goodman’s ideas), why would a hospital want to cut their revenues by reducing inpatient care?
I can’t imagine that any of this matters very much.
Will this work? Of course not.