About Affordability
Health care is a basic human need, one that Californians rely on to live, grow, and prosper. Unfortunately, the cost of care has become too high for many working families. For years, California’s hospitals have made headway toward controlling costs. To ensure care for every Californian, the entire health care field must tighten its belt — insurance companies, physicians, labor unions, hospitals, pharmaceutical companies, and more. California’s hospitals stand ready to tackle this challenge through engagement with the Office of Health Care Affordability
OHCA Releases Rules on Cost and Market Impact Review Process
What’s happening: On Nov. 28, the Office of Health Care Affordability (OHCA) released a revised version of the cost and market impact review regulations, alongside an accompanying notice.
What else to know: The final regulations are expected to be effective on Jan. 1, 2024, for transactions intended to be completed on or after April 1, 2024. Stakeholders will have five days to comment on the regulations once officially filed.
Hospital Finance Week: Spotlight: California’s New Office of Health Care Affordability
This session will review the Office of Health Care Affordability (OHCA) authorizing statute and the specific requirements of the Office, including: Hear what’s changing and how to prepare. Insights from early experiences with the Office will be shared.