Results are in from the first year of a bold change to the way hospitals get paid in Maryland, and so far the experiment seems to be working.
We recently reported on the unique system the state is trying to rein in health care costs. Maryland phased out fee-for-service payments to hospitals in favor of a fixed pot of money each year.
A report in the latest New England Journal of Medicine says the experiment saved an estimated $116 million in 2014, the first year it was in operation.
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