Issue link: https://beckershealthcare.uberflip.com/i/289185
38 Financial Management Becker's Hospital Review 5th Annual Meeting May 15-17, 2014 Swissôtel • Chicago, Illinois For more information visit, www.BeckersHospitalReview.com and click on "Conferences." Co-Chaired by Chuck Lauer and Scott Becker 100+ sessions and 190+ speakers For over 30 years, Irgens has partnered with hospitals and health systems around the country to uncover opportunities that achieve increased operational efficiencies in the organization's ambulatory care and medical office strategic goals. Irgens has completed hundreds of successful real estate transactions that resulted in the following benefits for our partners: For an in-depth consultation about your hospital or health system's real estate needs, contact Irgens today. 866.443.0701 | irgens.com Milwaukee | ChiCago | Phoenix Follow us on: Comprehensive Healthcare Real Estate Solutions On & Off-Campus Medical Office Development Ambulatory Network Planning/Deployment Physician Alignment, Recruitment & Leasing Capital Preservation Strategies Market Share Expansion Bottom Line Revenue Enhancement T he most recent insurance mandate delay within the Patient Protec- tion and Affordable Care Act only serves to hinder a new revenue source for nonprofit hospitals and health systems, according to Moody's Investors Service analysts. In February, the Obama administration delayed the PPACA's employer man- date by another year for certain businesses. Under the law, businesses and companies with 50 or more employees are mandated to offer health insur- ance to those employees or pay a penalty of $2,000 per employee. The man- date will now take effect January 2016 for businesses that have between 50 and 99 employees. The provision was originally due to take effect this year. However, business groups warned unresolved questions about reporting requirements would cause problems. Moody's analysts said in a report that the delays of the em- ployer mandate are a "credit negative" for nonprofit hospitals because they postpone coverage for the uninsured. Consequently, hospitals are likely to see increased or similar levels of bad debt and charity care. Hospitals are already facing more than $300 billion in Medicare reimburse- ment cuts through 2019 under the PPACA. The employer insurance mandate was designed to offset some of those cuts, and Moody's analysts said the loss in short-term revenue will likely negatively affect nonprofit hospitals, espe- cially those with high proportions of Medicaid patients. n Moody's: Employer Mandate Delay Hurts Nonprofit Hospitals By Bob Herman