Report Examines Massachusetts’ Healthcare Reform Experience
May 31—Massachusetts’ journey with healthcare reform may be a bellwether for how the U.S. healthcare industry will fair under the Affordable Care Act, according to a recent report by PwC’s Health Research Institute. The report continues the organization’s analysis of the effects of healthcare reform in the state.
According to the report, nearly one-third of the 70 acute care hospitals in Massachusetts have been involved either in a merger, acquisition, or partnership since 2007, and another 20 percent are in various stages of discussion.
The report further indicates that increased patient enrollment led to higher combined revenues across the state's largest health plans; however, profits varied widely, and profit margins leveled out.
The report states that although Massachusetts experienced a decline in emergency department usage and improvement in the health status of residents, average wait times for new patients seeking a primary care physician remain high.
Publication Date: Friday, May 31, 2013