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- Aug 16, 2007
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We are repeatedly being told that the way providers and hospitals are currently paid will dramatically change in the next 2-3 years. We will move away from fee for service to “value based care” with large payers reimbursing a lump sum for a particular ICD-10 code. It will then be up to the hospitals to determine how that money is spent. Is anyone else hearing this and what does it mean for our future salaries? I’m assuming the worst but I really don’t have any facts or insight to base this on. Also where is this change coming from? Is this part of the ACA??