Mass General Brigham, under pressure from state regulators to rein in spending, has submitted a performance improvement plan that proposes a healthcare cost savings target of $105 million over an 18-month period, Healthcare Dive reports.
Mass General was forced to come up with the plan after the Massachusetts Health Policy Commission, an agency tasked with monitoring and controlling healthcare spending, determined in January that the hospital system’s spending threatened to derail the state’s health cost-containment efforts.
The commission said it will review Mass General’s proposal to decide whether it is likely to address the underlying causes of its cost growth and whether the system is capable of successfully implementing the plan. Read more.
