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CMS Cuts Red Tape, Providers to Save $5B
Health Leaders Media

Health providers and payers stand to save $1.1 billion in one year and $5 billion over five years because of relaxed regulatory red tape specified in two final Medicare rules released Thursday by the Centers for Medicare & Medicaid Services. The numerous changes are designed to eliminate or reduce what Health and Human Services Secretary Kathleen Sebelius called “unnecessary, obsolete, or burdensome regulations” imposed on hospitals and other healthcare providers.