Arent Fox Partner Michael Blass Quoted in Leveraged Finance News
Michael discussed the trends happening in the hospital sector as companies in the space experience reimbursement pressure due to budget cuts. He goes on to comment on the new reimbursement models that stress quality outcomes and de-emphasize fee-for-service kinds of models.
“Today, the reimbursement process is about how efficient and effective the treatment is so the patient is less likely to come back again and again for the same conditions,” Blass said. “The more efficient providers are actually going to be rewarded with higher payments from the government health programs, and the poor performers are going to see cuts in their payments.”
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