December 19, 2018
Centers for Medicare and Medicaid Services (CMS) Administrator Seema Verma announced that the agency will be creating an office for regulatory reform. Once established, the purpose of the office will be to reduce “regulatory burden” for providers and other stakeholders created by CMS programs. This action would be consistent with many of the policy changes proposed by the agency in 2018 that were aimed at reducing burdens and enhancing flexibilities for clinicians. For example, in the 2019 Medicare Physician fee Schedule Final Rule, CMS projected that the rule will save clinicians $87 million in reduced administrative costs in 2019 and $843 million over the next decade.
Administrator Verma also indicated that the agency plans to make its Patients Over Paperwork initiative permanent. Through this initiative, CMS established an internal process to evaluate and streamline regulations with the goal to reduce unnecessary burdens, increase efficiencies and improve the beneficiary experience.
For more information visit the McDermottPlus Payment Innovation Resource Center or contact Sheila Madhani at firstname.lastname@example.org or Mara McDermott at email@example.com.