Affordable Care Act
The Affordable Care Act consulting team is the most exciting division today. elariaà's consultants come with a wide range of health care IT, meaningful use, and financial experience to guide our clients through the complex maze of healthcare reform.
On March 23, 2010, President Obama signed the Affordable Care Act. The law puts in place comprehensive health insurance reforms that will roll out over four years and beyond. As the bill most of the country knows as Obamacare gets ready to go into effect, hospitals must be prepared for how it will affect them.
According to CBO estimates, as many as 20-23 million additional people could gain private insurance coverage. Therefore, hospitals should anticipate a drop in the number of uninsured patients, which could result in significant reductions in hospital's charity caseloads, as well as bad debt. Hospitals will need to continue approaching how they bill patient's eligibility for financial assistance very carefully.
elariaà believes hospitals will pay as much, if not more, attention to their payor mix, as well as, how they set and manage rates. Greater clinical and financial alignment between hospitals and primary care physicians will be necessary if payors demand and reward lower cost alternatives to hospital stays.
elariaà appreciates the opportunity to provide our clients and future clients with unparalleled customer service. We recognize and possess the depth and innate understanding to assist large healthcare organizations.