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Aggressive cost-cutting: Maryland wants to tie spending increases to economic growth

by jmiller on April 16, 2013

From the April 13th issue of Modern Healthcare,   “For nearly four decades, Maryland’s “all payer” system has set hospital prices for the state’s 53 hospitals.  The state regulates prices for every insurer, incuding Medicaid, Medicare and patients who pay their own bills.  The new proposal underscores a shift toward more aggressive attempts to curb the rise in healthcare costs ahead of an expansion of health insurance coverage next year under the Patient Protection and Affordable Care Act.  If approved by federal officials, Maryland would join Massachusetts as a state that seeks to tie health spending to growth in the state economy.”  Click here to read full-text.

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