Reducing Healthcare Spending : The Patient Protection And Affordable Care Act

1420 Words Jun 28th, 2015 6 Pages
Module 4 – Reducing Healthcare Spending President Obama signed into law the Patient Protection and Affordable Care Act, more commonly known as ACA, in March 2010, to reign in the excessive costs of healthcare in the United States. Three key goals of the newly adopted healthcare reform are improving quality and lowering healthcare costs, elimination of pre-existing condition clause, and increased access to healthcare (HHS, 2015). In 2015 more than 11.4 million people signed up for ACA in the second year; most of them uninsured in prior years (HHS, 2015). Prior to ACA, the American Recovery and Reinvestment Act of 2009 (ARRA) provided that among other items, $19.2 billion (Healthcare IT News, 2015) was directed to health information technology (HIT) for providers and hospitals participating in Medicare and Medicaid programs (Bildsten and Vaneslow, 2009). Electronic health records are more efficient and effective than older paper charts as they actively manage patient data from several sources and can be shared with other physicians in the same practice. This coordination between physicians can lead to positive health outcomes (Emswiler, and Nichols, 2009). After signing ARRA and ACA into law, healthcare in the United States began to change for the consumers, payers, and healthcare providers. Of the many changes, two changes, HIT utilization and pay for performance will be reviewed in this paper as they were implemented by Hill Physician Medial Group.…
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