Mayo is built to let doctors be doctors and has been ahead of the curve in studying how to measure and reward value in healthcare. But it isn't immune to physician burnout and the pressure to reduce costs and adopt value-based payment models.
Even though Mayo Clinic has been ahead of the curve in studying how to measure and reward value in healthcare delivery, it isn't immune to challenges such as physician burnout and the mounting pressure to reduce costs and adopt value-based payment models. Mayo President and CEO Dr. John Noseworthy...
Podcast Q&A: 'If Mayo was a high-cost provider, we would be cut out of many of these networks,' CEO says
Even though the Mayo Clinic has been ahead of the curve in studying value in healthcare delivery, it isn't immune to challenges currently facing the industry. President and CEO Dr. John Noseworthy discusses physician burnout and the mounting pressure to reduce costs and adopt value-based payment...
Medicare's new payment system for physicians is causing anxiety because of the short stretch of road before their performance is judged for a raise or pay cut. In the long-term, though, Medicare and most everyone else want providers to leave that new system behind. It's value-based training wheels.
After a hospital in New Jersey refined how it responded to postpartum hemorrhaging, ICU stays for such events dropped to 1.5 days from 8 days.
Mayo Clinic, the Rochester, Minn.-based hospital system and medical hub, steadily grew its revenue and operating surplus in the first half of 2016, but its investments tanked.
The CMS says it's well on its way to dragging hospital systems into the brave new world of risk-based contracting. The systems say, not really.
The Rochester, Minn.-based system will establish the biobank for President Barack Obama's Precision Medicine Initiative Cohort Program, which aims to collect at least 1 million volunteers' biological samples to promote individually tailored disease treatment.
Beacon Health System in South Bend, Ind., has joined the Mayo Clinic Care Network.
Beacon Health System is the first Indiana health system to join the Mayo Clinic Care Network, which has partnered with more than 35 providers across the U.S. since 2011.
A trio of healthcare information technology experts that includes a vice president of IT from Kaiser Permanente and a senior editor for the Mayo Clinic's website will advise HHS on standards for sharing patient medical information.
Fostering a culture of transparency on performance measures is one of the key strategies used by the health systems that made this year's list of Truven Health Analytics' 15 Top Health Systems.