Hospitals and Health Systems Anticipate that the Affordable Care Act (ACA) will Reduce Organizational Revenue

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HighRoads, the industry leader in SaaS-enabled (software as a service) healthcare compliance and benefits management, and Sullivan, Cotter and Associates, Inc. (SullivanCotter), a nationally-recognized compensation and human resource management consulting firm, find that 55 percent of hospitals and health systems anticipate a drop in revenue as a result of the Affordable Care Act (ACA), with 12 percent anticipating an increase in revenue. Perhaps more tell-tale of the volatile nature the industry faces is that 28 percent have reported that they don’t yet know the impact that ACA will have on revenues. These findings are part of an inaugural survey of Employee Benefit Practices in Hospitals and Health Systems performed by HighRoads and SullivanCotter between November 2011 and January 2012. The survey received responses from 178 participants, including 126 health systems, which had an average employee range of between 3,000 and 9,500. With the new and constanting changing healthcare system within the United States, hospitals have to try their best to keep up with their compliance, luckily there are businsess similar to MTAUSA.com that could help with this. To continue reading click here.

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