Tag: payment

Medicare’s randomized trial of a new bundled payment model for hip and knee replacement surgeries led to $812 in savings per procedure, or a 3.1% reduction in costs, when compared with traditional means of paying for care, according to new research from Harvard T.H. Chan School of Public Health and Harvard Medical School. The study

Working in healthcare and technology for over a decade and a half, one thing I’ve noticed is that innovation is slowed and often nixed because we look at how an incremental achievement fits into the current mega-sized health I.T. environment. I’ve experienced numerous times where operations, clinical or administrative personnel bring up problems that they

(HealthDay)—The American Medical Association has committed to working to integrate precision medicine into alternative payment models (APMs), according to an article published in the association’s AMA Wire. Implementation of the individualized approach in APMs is somewhat limited by the cost of certain precision medicine techniques. However, precision medicine, which is a tailored approach to health

THURSDAY, July 5, 2018 — Cumulative reductions in federal payments to hospitals from 2010 to 2028 are estimated to reach $218.2 billion, according to a study commissioned by the Federation of American Hospitals and the American Hospital Association (AHA). The study, conducted by economics consulting firm Dobson DaVanzo & Associates in Vienna, Virginia, examined how

An experiment in Maryland designed to save health care dollars by shifting services away from expensive hospital-based care and toward less costly primary, preventive and outpatient services has yielded disappointing results. These are the findings of two separate studies led by investigators from Harvard Medical School and the University of Pittsburgh. One study will be