Insurance companies bracing for change in healthcare reimbursement

At Modern Healthcare, they look at how new legislation implementing universal healthcare will affect how insurance companies are going to be affected when the new plan roles out, which many believe could be as soon as 2011. In addition to the abundance of regulations that are sure to follow, insurance companies will have to change the way they evaluate hospitals. They could begin paying for care based on performance and begin listening to independent patient advisory boards. They could also change they way they reimburse hospitals when it comes to re admissions for certain ailments. Read the full article here.