Posted inOpinion

Three key priorities for reducing health care costs

With the number of people covered by public insurance growing – MassHealth covers about 2 million people, or 30 percent of the Massachusetts population – so too have the cross-subsidies borne by employers, employees, and taxpayers.  Given our aging population and the shrinkage of our small group health insurance market, these cross subsidies by the private market will likely grow larger without intervention.  Higher Medicaid reimbursement rates to providers could alleviate this cost-shift burden.

Posted inHealth Care

House passes broad health care legislation

The House voted 152-1 to approve a bill that combines reforms intended to avert a repeat of the Steward Health Care crisis with changes designed to boost state oversight of facility expansions and closures, refine cost control tools to better account for fluctuations, and increase funding for hospitals that typically serve high shares of low-income patients and people of color.

Posted inHealth Care

Steward landlord denies its rents are excessive

Edward Aldag Jr., the chairman and CEO of Medical Properties Trust, and other members of the firm’s leadership group told financial analysts that the rents the Alabama-based company is charging Steward for its hospitals are not excessive and that they fully expect those rents to remain at or near current levels when the hospitals are sold to “better qualified operators” over the next several months.