Like all organizations, healthcare organizations are under mounting pressure to cut costs and increase revenue. Read about the top techniques for improving revenue cycle management and getting the most out of a hospital’s budget.

Insurance for Disastrous Health Issues – It’s Available

Insurance is available for any number of problems and situations. What many people may not know is that ‘critical illness’ insurance options exist that often provide additional relief for health care consumers. As this article details, many employers make such plans available through their employee benefits plans, although employees are normally responsible for the costs. But for […]

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By On Friday, January 8th, 2016

Drug Price Considerations for Health Care Consumers

A Pharmacy Times article details the wide range of price considerations health care consumers are frequently exposed to. Depending on coverage, paying for a prescription can involve a fixed cost, a percentage of the cost, or the entire cost of the prescription. What’s a consumer to do?

By On Saturday, December 12th, 2015

Hospitals Turn To Partnerships To Survive New Cost, Quality Demands

As community hospitals around the country fall victim to declining volumes, shrinking patient care reimbursement and other financial woes, more organizations consider giving up their independent status to align with larger entities to survive. In Virginia, Community Memorial Healthcenter will join Virginia Commonwealth University Health System (VCU), the biggest health safety-net provider in the state, to help improve its […]

By and On Monday, December 7th, 2015

More healthcare job gains in November, but is that a good thing?

Modern Healthcare — The healthcare industry created 23,800 jobs in November, another month of solid job growth. But the sustained hiring blitz of 2015 raises questions about whether healthcare is doing enough to become more efficient and lower costs. This week, government health actuaries said national health expenses rose 5.3% in 2014, the highest level since before […]

By and On Sunday, December 6th, 2015

U.S. Healthcare Spending Hits $3 Trillion Mark

After five years of historic low growth that averaged about 3.7% per year, spending growth accelerated to 5.3% in 2014, largely in part to the addition of 8.7 million people to government and private health insurance rolls under the Patient Protection and Affordable Care Act. Healthleaders Media — Healthcare spending in the United States crossed […]

By and On Saturday, November 28th, 2015

Fewer Medicare-Subsidized Drug Plans Means Less Choice For Low-Income Seniors

Although though health problems forced Denise Scott to retire several years ago, she feels “very blessed” because her medicine is still relatively inexpensive and a subsidy for low-income Medicare beneficiaries covers the full cost of her monthly drug plan premiums. But the subsidy is not going to stretch as far next year.

By and On Friday, November 27th, 2015

End of Medicare Bonus Program Will Cut Pay to Primary Care Doctors

Kaiser Health News — Many primary care practitioners will be a little poorer next year because of the expiration of a health law program that has been paying them a 10 percent bonus for caring for Medicare patients. Some say the loss may trickle down to the patients, who could have a harder time finding a […]

By On Wednesday, October 28th, 2015

More hospitals earn value-based purchasing bonuses this year

CMS announced Monday that Medicare will reward more hospitals than it will penalize in fiscal 2016 under the value-based purchasing program.

By and On Wednesday, October 28th, 2015

Healthcare dodges bullet under proposed budget deal

Providers and policy experts say that while doctors and hospitals are facing some cuts in the proposed two-year $80 billion budget deal being negotiated on the Hill, the industry largely dodged a bullet.

By and On Saturday, October 24th, 2015

Surmounting shortages: GPOs work creatively with manufacturers to avert drug shortfalls

Modern Healthcare — When the sedative propofol was frequently in shortage between 2009 and 2014, the scarcity forced hospitals across the country to cancel surgeries as pharmacists struggled to obtain a supply. The propofol shortage was resolved last summer and the number of new drug shortages has dropped. But there were still 190 drugs in […]

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