News
State Medicaid directors are caught in the vice grip of competing interests driven by the looming election, lean state budgets, uncertainty about expansion caused by the Supreme Court health reform decision and the threat that Congress will cut the health program to help balance the federal budget.
While hospitals historically have focused on driving down costs by making improvements in their revenue cycle, nurse productivity and supply chain management efficiency, one area that hasn't received as much attention is the costs associated with the number of assets hospitals own and maintain, said John McCarthy, general manager of asset management professional services at GE Healthcare. McCarthy shares four initiatives to help healthcare organizations reduce overall inventory and drive down costs.
Beginning in October, more than 4 million businesses will receive 2012 economic census forms representing all U.S. communities and industries. All forms will be delivered by the end of the year and must be returned to the U.S. Census Bureau by Feb. 12, 2013.
Private health insurance exchanges are sprouting up and established ones want to grow, challenging state-based HIXs and expanding the retail insurance market.
According to a recent study published in the October issue of Health Affairs, comparative effectiveness studies of widely used treatments can change practice patterns, thereby reducing healthcare costs.
Healthcare IT and pharma M&A activity year-to-date improved 19 percent compared to the first three quarters of 2011, according to a recent report from mid-market investment banking firm Berkery Noyes.
As Medical Group Management Association president Susan Turney prepares for the group's annual conference in San Antonio on October 21-24, she took time out to discuss the biggest financial and IT challenges currently facing the healthcare industry.
The Medicare program could save billions in the next decade if care models are restructured says a newly released analysis commissioned by a nonprofit, national consortium of home healthcare organizations.
Accountable care organizations are complicated, but the ins and outs of the care model have been discussed long enough. Healthcare organizations are now at a point where they have to focus on specific areas of ACOs to reduce cost and benefit patients say two healthcare consultants.
Susan Turney, MD, took the helm as president and CEO of the Medical Group Management Association one year ago on Oct. 12, succeeding William Jessee, MD, who retired after 12 years.