Healthcare stakeholders have heard it before: Regulation overload is public enemy No. 1 for hospital executives. However, the story is more nuanced than that.
A survey from healthcare consulting firm Advis seeks to better understand which regulations executives find most onerous and which they find beneficial. Advis surveyed 162 healthcare CEOs and other C-level executives. Here are five interesting findings:
- When asked which healthcare regulations were most prohibitive to improving healthcare, the top answer was fraud and abuse laws.
- This was followed closely by Medicare conditions of participation and state licensure laws, and limits on telehealth reimbursement.
- More than half of the respondents were in favor of scrapping the three-day acute state requirement for Medicare's skilled nursing facility benefit.
- Just over 53 percent of executives said they wanted a mandatory National Patient Identifier
- Only 16 percent expected to see a Medicare for All or similar single payer system emerge in the next 10 years.
More articles on leadership and management:
Northwell board elects seasoned tech attorney, longtime trustee as chair
18 states with the highest hospital CEO turnover
University of Maryland Medical System board OKs new conflict-of-interest policy