“You have to do better with less now,” Whitaker said.
There will be a shift in how Medicare reimburses hospitals, but that shift will phase in over time, so for a few years, the hospital will have to meet two different sets of goals to collect full payment. The new model is a movement toward “value-based purchasing.”
“The old ways of doing things are not going to work anymore,” Whitaker said. “It’s going to be an interesting 10 years.”