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KH starts to feel pinch from ACA focus on quality
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KershawHealth will lose money in 2015 for a very specific reason: new quality performance standards which became law Jan. 1 as part of the Patient Protection and Affordable Care Act (ACA) of 2010. Speaking as chair of the board’s quality committee during the board’s Jan. 12 meeting, Dr. Tallulah Holmstrom said there have been discussions for the better part of a year and half on how value and healthcare were, eventually, going to translate into an impact on hospital finances. “That time has arrived,” Holmstrom said.