National Progress; Personal Losses
A Cardiovascular Consulting Blog from CFA
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The Premier healthcare alliance continues to identify potential savings opportunities for hospitals. Based on feedback from nearly 350 members participating in Premier’s QUEST collaborative, five areas with the largest opportunity for average annual savings at a typical 200- to 300-bed community hospital are listed below
So called “narrow (or preferred) networks” are a big issue today and they will increasingly impact cardiovascular services program planning.
The American Hospital Association publication, A Guide to Strategic Cost Transformation in Hospitals and Health Systems (available for download at: www.hpoe.org/strategic-cost-transformation) deals with the overriding issue of cost management in an era of evolving value-based business models.
Continuing our discussion from Part Two of physician/hospital alignment issues in general, and the reemergence of bundled payment initiatives specifically, an important new pilot will soon take place in California.
Continuing the discussion from Part One of physician/hospital alignment and the reemergence of bundled payment initiatives, let’s discuss the impact of health care reform in the area of bundled payment for care. A national pilot program on payment bundling is included in H.R. 3590, the Patient Protection & Affordable Care Act. This pilot program is set to commence in 2012 (no later than January 1, 2013) and run for five years.
The future of physician-owned or joint-ventured heart hospitals would seem to be dead. What officially killed it is H.R. 3950, the Patient Protection & Affordable Care Act, which declares that, unless they have a provider agreement in place prior to December 31, 2010, physician-owned hospitals (of any type) are excluded from Medicare participation.
When was the last time you came across a simple and straightforward change in clinical technique that typically results in better clinical outcomes, fewer complications, higher patient satisfaction, and lower cost per procedure?