How the Budget Reconciliation Bill Impacts RCM Companies
Both Chambers of Congress and the White House controlled by Republicans. Controlling these institutions allows Republicans to use the budget reconciliation process to advance much of its legislative agenda by lowering the threshold for passing legislation in the Senate from 60 votes to a simple majority. While politically advantaged in this way, budget reconciliation bills are limited from a policy standpoint to provisions that increase or decrease federal spending and revenue.
At the time this description was created, the budget reconciliation bill is still being drafted. Congress is expected to pass the bill by the end of the summer, possibly earlier. This bill we'll have major implications for the US healthcare system, especially the Medicaid program. It also includes many important tax policies for both individuals and businesses. This session we'll dissect the budget reconciliation bill and analyze its impact on the RCM industry.
The reconciliation bill will be the main legislative vehicle for much of the Republican legislative policy agenda. However, many important policy priorities will not be included in the bill for either policy or political reasons. It will also explore policies that were not included in the reconciliation bill that Congress could address in the near future.
Learning Objectives
Understand the budget reconciliation process and why it is so important for understanding legislative policy.
Learn about policies in the budget reconciliation bill that impact the healthcare system.
Understand the impacts on the RCM industry.
Discuss other policies not included in reconciliation that could be addressed later in the year by Congress.
Discuss other policies not included in reconciliation that could be addressed later in the year by federal agencies such as HHS or CMS.
Identify legislative strategies that stakeholders can use to advocate for policy priorities.
Recognize the historical use of budget reconciliation and its implications for future policymaking.
Evaluate the potential long-term effects of the reconciliation bill on Medicaid and other key healthcare programs.
Areas Covered in the Session
Budget Reconciliation is an important legislative tool that Congress uses to pass important legislation.
It is used more often than people think. For example the Affordable Care Act, the Tax Cuts and Jobs Act and the Inflation Reduction Act were passed using budget reconciliation.
Budget reconciliation has both advantages and limitations.
There are many important policy changes included in the reconciliation bill such as Medicaid reform.
It also extends many individual and business tax policies from 2017.
Congress and the administration will have to address other policies not included in the reconciliation bill.
How the reconciliation bill affects funding streams for healthcare providers and RCM firms.
Expected political challenges and timelines for passing and implementing the bill.
Practical steps RCM companies can take now to prepare for upcoming legislative changes.
Live Q&A Session
Suggested Attendees
Healthcare Administrators
Physicians and Non-Physician Providers
Medical Coders
Billing Specialists
Gastroenterologists
Clinic Managers
Nurses
Experienced Coders
Experienced Billers
Clinicians
Medical Billers
Healthcare Compliance Officers
Clinical Documentation Specialists
Practice Managers
Revenue Cycle Managers
Health Information Managers
Medical Office Managers
Medical Auditors
Revenue Cycle Analysts
Medical Reimbursement Specialists
Coding Educators
Healthcare Consultants
About the Presenter
Matt Reiter is Principal at Capitol Associates, Inc., a bipartisan lobbying, and policy analysis firm located in Alexandria, VA. Since joining CAI in 2014, Matt has worked with corporate and non profit organizations for clinicians, healthcare facilities, patient advocacy groups and health plans.
Matt is the Director of Government Affairs for the Healthcare Business Management Association (HBMA), a national professional society for the healthcare Revenue Cycle Management (RCM) industry. In this role, he specializes in legislative and regulatory policy issues relevant to the RCM industry such as Medicare reimbursement, administrative simplification, value-based care, and efforts to reform the U.S. healthcare system.
Matt is both a policy analyst and an advocate. He helps organizations understand an issue so that they can make informed decisions about educating their members and advocating before Congress and federal agencies. Matt helps clients develop and execute an effective government relations operation either as their advisor or as their representative.
Matt is an accomplished public speaker who regularly presents on federal and state legislative and regulatory policy at conferences and membership meetings. Prior to working at Capitol Associates, Matt spent three years at a lobbying firm supporting its healthcare, agriculture, appropriations and energy practices.
Matt is Secretary of the Board for the Government Relations Association (GRA), a professional society for individuals who work in the government relations industry. Matt recently completed a two-year term as Chair of the Society of Health Policy Young Professionals, D.C.’s premier networking organization for young professionals who work in health policy. He has held similar leadership roles such the Vice President of Education for the Old Town Toastmasters club.
Matt is a Graduate of American University, where he earned B.A. degrees in Law and Society as well as Philosophy. Matt resides in Northern Virginia with his wife and daughter. He is also active in the Metro-D.C area as a guitar player.
Additional Information
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