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State health agency orders Mass General Brigham to rein in costs - Vimarsana News

State health agency orders Mass General Brigham to rein in costs

It’s the first time the Health Policy has ever exercised its power since forming in 2012.

Source: wgbh.org
Mass General dinged for spending growth by state regulator - Vimarsana News

Mass General dinged for spending growth by state regulator

Healthcare

HPC orders Mass General Brigham to rein in costs - Vimarsana News

HPC orders Mass General Brigham to rein in costs

Warning of a "spending problem" at Mass General Brigham, the Health Policy Commission on Tuesday both voted to require the hospital system to implement a performance improvement plan addressing its costs and said MGB's expansion plans run counter to the state's goals of controlling health spending growth.

Mass General Brigham required to rein in costs, Health Policy Commission says - Vimarsana News

Mass General Brigham required to rein in costs, Health Policy Commission says

The move marks the first time the HPC, created under a 2012 cost containment law, has exercised its authority to hold a provider or payer accountable for spending growth by requiring them to complete a performance improvement plan.

Source: wbur.org
Mass General Brigham must reduce spending, commission orders - Vimarsana News

Mass General Brigham must reduce spending, commission orders

The largest health system in the state has spent $293 million from 2014 to 2019, which was the highest trajectory among Massachusetts providers.