The Bipartisan Budget Act of 2015 and HOPD Payment Reforms: What Payers and Providers Need to Know

On November 2, 2015, President Obama signed the Bipartisan Budget Act of 2015 (BBA) into law, which averts a potential government shutdown by generating US$80 billion in new revenue over two years. While the BBA contains only a handful of provisions that affect the healthcare industry, the Act’s reduced reimbursement scheme for hospital outpatient departments (HOPDs) is important to payers and providers alike. This client alert aims to assist you in understanding the BBA’s impact on your current and forthcoming hospital-based outpatient ventures.