Two huge insurer mergers announced in recent weeks have reshaped the payer market. And there is a possibility such deals could wind up impacting the hospital sector as well, Bloomberg Business has reported.
I am hopeful the Centers for Medicare & Medicaid Services' (CMS) proposal to bundle payments for hip and knee joint replacement surgeries will become operational by early next year. But I wish the plan also scrutinized the number of such surgeries that are currently taking place in the United States.
When CMS announced the Comprehensive Care for Joint Replacement Model initiative earlier this month, it noted that for the $7 billion a year it spends on about 400,000 of the procedures, "the rate of complications like infections or implant failures after surgery can be more than three times higher at some facilities than others, increasing the chances that the patient may be readmitted to the hospital. And, the average Medicare expenditure for surgery, hospitalization and recovery ranges from $16,500 to $33,000 across geographic areas."
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A Texas hospital is adopting a short-stay model--treating patients for admissions that last 24 hours or less--and it may be a model other providers emulate, according to the Port Arthur News.
Several prominent hospital groups have been urging the Internal Revenue Service (IRS) to consider hospital-sponsored housing as a community benefit, AHA News Now has reported.
Oncologists are so irked over the rapidly escalating cost of drugs used to treat their patients that they are making fairly radical policy proposals and have begun monitoring prices for treatments.
The CEO of New Jersey's largest hospital system has come out in support of not-for-profit hospitals in the state paying some property taxes, NJ.com has reported.
Hospitals and other parts of the healthcare sector are putting their toes back into the borrowing waters once again, and like what they are feeling. The healthcare sector sold $18.9 billion in bonds during the first half of 2015, up 76 percent from $10.8 billion sold during the first half of 2014, according to HFA Partners.
From Our Sister Sites
A team led by Leidos and Kansas City, Missouri-based Cerner Corp. has won the highly coveted contract to implement the electronic health record system for the Department of Defense.
The Medicare program that penalizes hospitals financially for failing to adequately reduce hospital-acquired conditions might be backfiring, a new study published in JAMA suggests.