Purchase Solution

The Balanced Budget Act of 1997.

Not what you're looking for?

Ask Custom Question

The Balanced Budget Act of 1997 brought about major changes in the way that American healthcare is financed: there were many changes in funding and many new requirements for hospitals and other providers to meet. We are all still living with the consequences of this Act. Outline the key provisions of this Act, and share your own view. Was the Balanced Budget Act of 1997 good for U.S. healthcare or not? Support your position on this legislation.

Purchase this Solution
Solution Preview

BBA 1997 Key Provisions

I. Five Year Savings:
BBA was designed to cut Medicare spending by over 115 billion dollars between 1998 and 2002. Several provisions mandated the following mechanisms of cost cutting: a limit on growth of fee-for-service rates to hospitals and physicians, restructuring of payment to various outpatient clinics, reduction of cost of Medicare managed care plans, and a limit on growth of Medicare managed care plans.

II. Ten year Savings:
BBA was designed to reduce Medicare spending by about 400 billion dollars between 1998 and 2007. In addition to the cumulative effect of the Five Year Savings provisions, ...

Purchase this Solution
Free BrainMass Quizzes
Stress Continuum

All humans experience stress and a certain level is motivating for learning. However, a high level of stress for prolonged periods of time may have a negative impact. This information focuses on the four stages of stress. Understanding stress assists in maintaining a healthy level.

Celiac Disease

This quiz will provide a brief introduction to Celiac Disease. Questions will focus on definitions and symptoms.

Vitals about a Patient's Vitals

Basic questions about blood pressure and measurements.

CPR (Red Cross Standards)

Are you up to date on your CPR skills? Find out if you know what to do in an emergency with this quiz.

Managed Care Organizations

This quiz will test the basics of managed care organizations. It is important to know how our health care delivery system operates through managed care.

View More Free Quizzes
Related BrainMass Solutions

  • HMOs, PPOs and govenment

    Retrieved from http://www.kff.org/medicare/upload/8080.pdf KFF.org. (1997). Overview of Medicaid Managed Care Provisions in the Balanced Budget Act of 1997.

  • Budget Revisions

    Government regulations and legislature (i.e., Medicare Balanced Budget Act, 1997; Medicare Balanced Budget Act Revisions October 1, 1999).

  • Regulatory Agencies and Pospective Payment System

    For example, Section 4523 of the Balanced Budget Act of 1997 (BBA) provides authority for CMS to implement a prospective payment system (PPS) under Medicare e.g. replaced cost-based payments for home health agencies (HHA).

  • Policy Formulation in Medicare

    include the Balanced Budget Act of 1997; the Medicare Prescription Drug, Improvement, and Modernization Act of 2003; and the Patient Protection and Affordable Care Act of 2010.

  • Health Care Policy Influenced by Nursing

    A specific act of legislation influenced by nursing is the legislation passed in 1997, as part of the Balanced Budget Act, which allows nurse practitioners and clinical nurse specialists to be reimbursed by Medicare, for services provided (Taft &

  • Health Care Budgeting Paper

    Balanced Budget Act (1997) The Balanced Budget Act (1997) expands the type of managed care plans that can participate in Medicare.

  • Policy Issues-Medicare

    include the Balanced Budget Act of 1997; the Medicare Prescription Drug, Improvement, and Modernization Act of 2003; and the Patient Protection and Affordable Care Act of 2010.

  • Problems that Face the Veteran Affair Hospitals

    Congress through the Balanced Budget Act of 1997, gave non VA teaching hospital financial incentive through the Medicare program to reduce residency positions.

  • Effects of interest rates on money supply

    385507 Money Demand and the Equilibrium Interest Rate During the summer of 1997, Congress and the president agreed on a budget package to balance the federal budget.

View More Related Solutions