The closely watched Medicare Pioneer accountable care program finished its first year with modest cost savings while losing nearly one-third of its participants.
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The first-year results from Medicare's Pioneer ACO pilot project showed all 32 of the provider participants met their quality improvement-reporting goals, but only 13 reduced costs.
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Home care is one of the fastest-growing sectors in the healthcare industry. Increasing business and higher spending also mean rising opportunities for fraud.
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Community Health Systems' earnings preview—which showed larger-than-expected drops in patient volume and net income—may set the stage for a difficult quarter going into earnings season for publicly traded hospital operators.
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The closely watched Medicare Pioneer accountable care program finished its first year with modest cost savings while losing nearly one-third of its participants.
FULL STORY »
By Melanie Evans and Jessica Zigmond
| Print Magazine
Medicare Pioneer ACOs that saved money on patient care—and will share Medicare's $140 million in total savings for 2012—credit their success to an intense focus on improving coordination and care for the most complex and costly patients.
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Meeting cost-saving targets and earning a bonus under Medicare's Pioneer accountable care experiment eluded more than a dozen participants in the program, and the risk of future losses prompted some to race for the exit.
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When Tenet Healthcare Corp. recently agreed to pay $4.3 billion to acquire Vanguard Health Systems—after being relatively quiet on the acquisition front—it...
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By Jonathan Block, Rich Daly and Jessica Zigmond
| Print Magazine
Not far into its public education campaign for healthcare reform, the Obama administration last week touted what it sees as some of the law's best provisions, while the House voted to delay what it views as two of the worst.
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Unbeknownst to millions of Americans who seek health and fitness help on their computers or smartphones, bits and pieces of their personal, sensitive health information are loose on the Internet.
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The home health industry, which has come under fire for not providing health insurance to its largely low-income workforce, wants to be permanently exempted from the healthcare reform law's employer mandate. It argues that requiring home-care providers to...
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The article, “Who benefits from drug discounts?”, should have said that the 340B drug discount program excludes Medicaid beneficiaries, not Medicare beneficiaries.
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The Premier healthcare alliance, one of the nation's largest group purchasing organizations, is considering an initial public offering, a move attacked by rival MedAssets.
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The turnaround in the financial markets—and an overall improving economy—means charitable giving has improved at hospitals at a time when their investment portfolios are also seeing greater returns.
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Home care is one of the fastest-growing sectors in the healthcare industry. Increasing business and higher spending also mean rising opportunities for fraud.
FULL STORY »
By this fall, a health system that brings together the operations of Mount Sinai Hospital and Continuum Health Partners could eclipse New York Presbyterian Hospital as the largest provider in the city aside from its public safety net system, New York City Health and Hospitals Corp.
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INVERNESS, Fla.—The Citrus County Hospital Board narrowed the bidding for its struggling Citrus Memorial Health System to three for-profit suitors. The board received five proposals from four bidders looking to take over the hospital, which is saddled with $80 million in debt and $30...
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JOLIET, Ill.—A Will County judge last week ordered the Illinois health facilities board to explain why it approved Centegra Health System's plan for a new $233 million hospital in Chicago's northwest suburbs even though the panel's staff found that the proposal didn't meet state...
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ROSEVILLE, Calif.—Adventist Health, a California-based health system with 18 hospitals in four states, plans to seek California's approval for an insurance license before the end of the year. It would be Adventist's first insurance license, though it will be a limited license. An...
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The first-year results from Medicare's Pioneer ACO pilot project showed all 32 of the provider participants met their quality improvement-reporting goals, but only 13 reduced costs.
FULL STORY »
When addressing healthcare workplace safety concerns, most executives immediately think about hospital safety. They rarely think about one of the most hazardous professions in healthcare—the home healthcare aide.
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About “Why one Medicare Pioneer ACO succeeded in saving money”, I really like this article. It is so easy to just listen for and repeat negative comments about the Pioneer ACO experience. I like to learn from...
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A list of the most profitable publicly traded healthcare providers, ranked by 2012 profit margin, based on filings with the U.S. Securities and Exchange Commission. Source: U.S. Securities and Exchange Commission. Published July 22, 2013, pg. 32.
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John Maupin Jr., president of the Morehouse School of Medicine in Atlanta, will retire at the end of the next school year and, effective July 1, 2014, Dr. Valerie Montgomery Rice will replace him. Montgomery Rice, 51, was named executive VP and dean in 2011, and she will retain the...
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Outliers believes that one of the great joys of summer is being able to step outside, strap on a helmet and tool around on our bike, enjoying the great outdoors. That's why we're touched to hear about a local group in Northern California that assembles and distributes bicycles to...
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The staff of the Hospital for Special Surgery in New York know Josh Friedland as their former director of communications turned food blogger.
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The article, “Who benefits from drug discounts?”, should have said that the 340B drug discount program excludes Medicaid beneficiaries, not Medicare beneficiaries.
FULL STORY »
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