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March 15, 2010

Economist says episode payments will bend healthcare cost

Episode payments – case rates for major acute interventions and chronic conditions – are the best approach for payment reform, according to a University of California economist.

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Current Issue

March 2010

March 2010

  • Convergence or perfect storm?
  • Providers question MedPAC recommendations
  • Medical banking gets HIMSS treatment
  • MORE
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Featured Video

Industry News January 09
Comparative effectiveness research explained
Ellen-Marie Whelan discusses evidence-based healthcare and how it can improve care in this video from the Center for American Progress.
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Featured Podcast

Industry News January 13
Hospitals using Lean and Six Sigma
James Levett, MD, is chairman of the American Society for Quality's healthcare division and chief medical officer for The Physicians' Clinic of Iowa. In this interview with Healthcare Finance News Editor Richard Pizzi, Levett discusses how U.S. hospitals are beginning to embrace Lean and Six Sigma business management strategies to reduce costs and improve productivity.
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Upcoming Events

  • March 10, 2010
    The World Health Care Congress Health Plan Innovation Congress
  • March 25, 2010
    Health Technology Investment Forum
  • March 30, 2010
    3rd Annual Middle East Healthcare Expansion
more events
Vendor Notebook: Craneware, Inc., signs contract to deploy new toolkit
Craneware, Inc., based in Orlando, Fla., has signed multi-year contracts with the North Shore-LIJ Health System on Long Island, N.Y., and the HealthEast Care System in Minnesota to implement the Chargemaster Corporate Toolkit, Online Reference Toolkit and Bill Analyzer solutions. MORE
Mayo Clinic’s debt rating improves
Standard & Poor's Ratings Services has revised its rating outlook to positive from stable and affirmed a 'AA-' rating on debt issued for the world-renowned Mayo Clinic. MORE
Community pharmacies tout "smaller" health reform bill
The National Community Pharmacy Association says a smaller healthcare reform bill introduced by Rep. Marion Berry (D-Ark.) could greatly benefit community pharmacies. MORE
Number of uninsured Americans could grow by 10M in five years
Without significant reform to the healthcare system, the number of uninsured Americans could grow by 10 million in five years, according to the Robert Wood Johnson Foundation. MORE
USDA funds construction of North Carolina hospital
Operating improvements drive debt rating boost for Connecticut hospital
Michigan doctor convicted in $18.3M Medicare fraud scheme
Puerto Rican coalition asks Congress for health equality
Creative payment reform initiatives abound nationwide
Senate votes to delay doc pay cut until Oct. 1
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Blog

March 12, 2010 Ed Howe

An uncertain future for Medicare patients

In recent months the Mayo Clinic announced their primary care facility near my home in Phoenix would no longer be accepting Medicare. Then the fun began. MORE
March 11, 2010 Stephanie Cohen

Life in the trenches of the health insurance business

This month’s health insurance nightmare: You believe the cost of your policy is too high and the benefits too low. MORE
March 09, 2010 Cheryl Servais

RACs roll with OIG

We all suspected it, but now it's official: RACs will be providing information to CMS for follow-up on cases of possible fraud. MORE
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Press Releases

March 15, 2010
Medical Connections signs agreement to buy Midwest healthcare staffing company
March 15, 2010
Arkansas radiologists sign billing services deal
March 12, 2010
NHI announces $29.7M of purchase/leaseback transactions with four healthcare facilities
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Most Popular

  • HealthGrades names America's 50 best hospitals for 2010
  • Chronic conditions drive Medicare spending growth
  • Survey: Over 26 percent of solo docs may close their practices
  • Troubled Manhattan hospital lays off 300 employees
  • Medicare cuts pushed to April 1
more news

Resource Central

  • White Papers
    How Health Plans Can Gain Clarity, Efficiency and Opportunity with Integrated Clinical, Contract and Fraud Management
  • Web Seminars
    Web Seminar on March 16 @ 1 pm ET--Connecting the Disconnected: How Health Plans Can Align Payments with Care Provided
  • White Papers
    Validation process and compliance support with IBM Maximo Asset Management in regulated industries
  • White Papers
    Determining Hedge Effectiveness for State and Local Governments Under GASB 53
  • Videos
    The broken individual health insurance market
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HEALTHCARE FINANCE JOB SPOT

  • Director of Patient Financial Services - Vista Health System - Waukegan, Illinois
  • Epic Business Systems Analyst Ambulatory Practice Management Revenue Cycle - Lee Memorial Health System - Fort Myers, FL
  • Healthcare Consulting Partner/Leader Performance Improvement, Healthcare Finance and Operations - Tatum - Chicago and Dallas
  • Chargemaster - Cheshire Medical Center - NH
  • System Coding Auditor - Saint Joseph Health System - Lexington, KY
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Recent Comments

  • Medical malpractice payments continue to fall
    Joishina

    With reference to the above subject, yes, I do agree that it is time some sort of action needs to be taken, so as to give the patient the confidence that he is in the right hands apart from that of his Physician.

    The last sentence is apt, which reads as "They should know better, and they should focus instead on fixing real problems like the crisis of preventable medical errors."

    medical transcription

  • Re: Cisco's telemedicine pilot targets underserved Californians
    Dantea

    Cisco dominates the market for information technology equipment, or what's known as the plumbingused to connect computer systems in a network or with the Internet. This network foundation consolidates what today are three separate networks: local area networks (LANs), storage area networks (SANs) and high performance computing networks. Executives from BMC, VMware, EMC, Microsoft, Intel, and other tech companies will all appear via TelePresence, Cisco’s video conferencing system. The Cisco announcement doesn't really make me excited – don't get me wrong; Cisco systems putting out a router that handles 3 times the traffic is AWESOME, and it would be worth maybe a small payday loans worth to get one, but this isn't exactly huge news for a technology company. The power of the biggest processor chip doubles every year or two, right? That's the power of the private sector. The router in question is going to be obsolete within a few years after it comes out anyway. I'll buy one when the cost goes down.

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