Grassley takes Finance Committee gavel, eyes hospital oversight

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Sen. Chuck Grassley has reclaimed the gavel of the Finance Committee, probably the most influential healthcare coverage panels in Congress. The senior Republican senator from Iowa, who’s retiring in two years, has a decadeslong popularity for oversight of the hospital trade.

In laying out his agenda, Grassley vowed to convey renewed power to pushing accountability for the trade—with loads of give attention to hospitals.

1. Tax exemption: Final 12 months Grassley saved on the case of tax-exempt hospitals and whether or not they produce sufficient so-called neighborhood profit to warrant their privileged standing. He promised extra oversight work on this challenge within the subsequent Congress.

2. 340B: Grassley was additionally an early policeman of potential abuses of the 340B drug low cost by hospitals. He co-sponsored laws within the final Congress to step up reporting necessities by hospitals and on this Congress mentioned he desires to make sure “transparency and accountability” for this program and others.

three. Hospital accreditation: Amongst his priorities for federal company oversight are the accrediting businesses for hospitals and nursing properties.

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