News
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RevCycle Intelligence: Hospital Cost-Shifting Increases Private Payer Payments by 1.6%
Read more: RevCycle Intelligence: Hospital Cost-Shifting Increases Private Payer Payments by 1.6%Healthcare organizations that faced Medicare reimbursement reductions under the Affordable Care Act engaged in hospital cost-shifting that resulted in 1.6 percent higher average payments from private payers, a new working paper from the National Bureau of Economic Research uncovered. Researchers reported that hospitals penalized under the Hospital Readmission Reduction Program (HRRP) and the Hospital Value-Based…
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A Valentine’s Day-Themed Health Care Spending Map
Read more: A Valentine’s Day-Themed Health Care Spending MapValentine’s Day is the second-most popular day to pop the question, and millions of couples are expected to get engaged today. According to The Knot’s 2017 Jewelry and Engagement Study, the average national cost for an engagement ring in the U.S. is $6,351, just under $1,000 more than average national health care spending per person…
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CNN Money: Jeff Bezos, Warren Buffett, and Jamie Dimon want to fix health care
Read more: CNN Money: Jeff Bezos, Warren Buffett, and Jamie Dimon want to fix health careBy: Chris Isidore Amazon is partnering with Buffett’s Berkshire Hathaway and JPMorgan Chase, the nation’s largest bank, to try to address one of the nation’s thorniest and priciest problems — soaring health care costs. The three companies unveiled an as yet unnamed company to give their U.S. workers and families a better option on health…
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The Hill: Americans using less health care, but paying more for it
Tags: HCCUR NewsRead more: The Hill: Americans using less health care, but paying more for itBy: Jessie Hellman Health-care spending has increased because prices are rising, not because Americans are using more health care, according to a new study released Tuesday. The report from the Health Care Cost Institute (HCCI) showed that total health-care spending grew by 4.6 percent per person from 2015 to 2016 even as utilization of services…
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Wall Street Journal: Health-Care Costs Rose for Americans With Employer-Sponsored Insurance
Read more: Wall Street Journal: Health-Care Costs Rose for Americans With Employer-Sponsored InsuranceBy: Jeanne Whalen Spending on health care accelerated in 2016 for Americans who get insurance through work, even as use of most health-care services declined or remained flat. The reason, according to a new report: price increases. Rising prices for prescription drugs, surgery, emergency-room visits and other services drove a 4.6% increase in total spending…
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News Wise: Plotting the Downward Trend in Traditional Hysterectomy
Read more: News Wise: Plotting the Downward Trend in Traditional HysterectomyFewer women are getting hysterectomies in every state across the country. Instead, more patients may be choosing minimally invasive procedures or other alternatives to handle issues like pelvic pain and fibroids over a traditional abdominal hysterectomy, new Michigan Medicine research suggests. The rate of hysterectomies in the U.S. decreased 12 percent between 2010 and 2013, from…
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Axios: We’re using less health care, but paying more
Tags: HCCUR NewsRead more: Axios: We’re using less health care, but paying moreBy: Sam Baker Health care spending is up. Way up. That’s because prices are up — not because we’re using more health care, according to newly published data from the Health Care Cost Institute. The numbers that matter: Health care spending grew by 4.5% from 2015 to 2016, yet utilization was steady — or, in…
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Miami Herald: Working Americans are using less healthcare but paying more for it
Tags: HCCUR NewsRead more: Miami Herald: Working Americans are using less healthcare but paying more for itBy: Daniel Chang Most Americans have health coverage through their jobs, but that doesn’t mean they are better off when it comes to spending for their care, according to a five-year analysis of billions of insurance claims by the nonprofit Health Care Cost Institute. In a study published Tuesday, HCCI found that working Americans used…
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POLITICO Pulse: Spending growth outpaces need for care
Read more: POLITICO Pulse: Spending growth outpaces need for careBy: Dan Diamond Indiana is abuzz with news that the Trump administration this week will approve the state’s pending Medicaid waiver, which would add a work requirement for able-bodied adults, multiple sources tell POLITICO’s Rachana Pradhan. Indiana’s pioneering conservative Medicaid model — which CMS Administrator Seema Verma helped develop as a consultant and then-Gov. Mike…
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WebMD: Spending More on Health Care? Here’s Why
Tags: HCCUR NewsRead more: WebMD: Spending More on Health Care? Here’s WhyBy Robert Preidt Americans spent more on health care in 2016, even though their use of health care did not increase, and rising costs are the reason why, a new report shows. “It is time to have a national conversation on the role of price increases in the growth of health care spending,” said Niall…