Boston: Partners HealthCare in for $42 million in Mass. health tax (Modern Healthcare)

December 18, 2012 – One prominent Boston health system plans to pay $42 million under a tax in Massachusetts’ healthcare cost-containment law. The money from Partners HealthCare (Aa2 / 57583R6J9), which totals less than one-half of 1% of the system’s 2012 expenses, will help finance a state trust fund for investment in healthcare reform initiatives by distressed Massachusetts hospitals.  The Massachusetts law, an ambitious and widely watched attempt to contain rising healthcare costs, includes provisions to promote health information technology, accountable care and new payment models.

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