The state putting a 3.5% spending growth cap on hospitals

The California Office of Health Care Affordability adopted a 3.5% annual spending growth cap for hospitals and is imposing high penalties for hospitals, physician groups and insurers who exceed the cap, CalMatters reported. Here is what to know. 1. Under the approved framework, the state caps annual spending growth at 3.5% until 2029, when it […] The post The state putting a 3.5% spending growth cap on hospitals appeared first on Becker's Hospital Review | Healthcare News & Analy...