Reforms of regulatory requirements to save health care providers $676 million annually February 4, 2013

Reforms to Medicare regulations identified as unnecessary, obsolete, or excessively burdensome on hospitals and health care providers would save nearly $676 million annually, and $3.4 billion over five years, through a rule proposed today by the Centers for Medicare & Medicaid services (CMS).  The proposed rule supports President Obama’s call on federal agencies to modify, streamline regulations on business.

“We are committed to cutting the red tape for health care facilities, including rural providers,” said Health and Human Services Secretary Kathleen Sebelius.  “By eliminating outdated or overly burdensome requirements, hospitals and health care professionals can focus on treating patients.”

The proposed rule is designed to help health care providers to operate more efficiently by getting rid of regulations that are out of date or no longer needed.  Many of the rule’s provisions streamline the standards health care providers must meet in order to participate in the Medicare and Medicaid programs without jeopardizing beneficiary safety. Read more