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Healthcare Reform: Can You Get Ahead of the Wave?

Healthcare Reform: Can You Get Ahead of the Wave?

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James W. Saxton, Esq., and Maggie M. Finkelstein, Esq
In June 2010, research revealed that United States’ residents spend twice as much on healthcare when compared with other developed countries, yet have lower quality of care and reduced efficiencies, among other things. The national healthcare reform legislation passed in March 2010—Patient Protection and Affordable Care Act (signed into law on March 23, 2010) and Health Care and Education Reconciliation Act of 2010 (signed into law on March 30, 2010)— incorporates measures deemed to have a positive impact on quality of care, patient safety, and efficiencies. Measures begin to take effect in 2010 and will continue to come to fruition through 2018, although those impacting healthcare providers to the greatest extent will be in place by the year 2015. Some highlights are described below.