Thursday, May 30, 2013

How much time will this take?

While the Affordable Care Act included some administrative simplification requirements, it also created several new regulatory burdens for the health care industry. House Republicans have tracked the amount of annual burden hours that will be spent by the entire health care industry that they project will come from the health system reform law. The time toll of four such regulations:
Issue
Rule date
Annual burden hours
Transparency reports and reporting physician ownership or investment interests
December 2011
3,533,227
Reporting and returning overpayments
February 2012
1,562,500
Home health physician face-to-face encounter
December 2010
248,584
Medicare enrollment for ordering/referring health professionals
May 2011
46,000

Source: “Obamacare Burden Tracker,” House Ways and Means, Education and the Workforce, and Energy and Commerce Committees (link)

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