Business Intelligence
Supply costs and physician and professional fees spawned an increase in total expenses to $4.1 billion for the six months ending June 30 this year, records show.
The deal is pending evaluation by the North Carolina Attorney General on the potential effect the transaction could have on market competition, plus other factors.
Majority of execs said they face increases in their labor budgets and staffing shortages are worse this year than last.
Online health information and provider reviews were most used, and providers, payers need to be prepared to prove a patient's health information will be safe with them.
Fueling the trend are lower reimbursement rates, a shift to outpatient care and growing merger and acquisition activity.
Beyond alleviating stress on the back end, the free tuition coups can influence trends in who becomes a doctor, what they practice and even where. And change is needed.
Cigna said they believe the merger will close by year-end 2018, subject to customary closing conditions and regulatory approvals.
Another key focus area is diligent management of your practice's online image and reputation, and requires having a workflow in place.
Estimates from the two health systems counter those from the Massachusetts Health Policy Commission, which said the merger would increase annual spending.
Providers were more likely to anticipate savings than were payers, with 75 percent of provider execs foreseeing that kind of return, compared to 44 percent of payers.