Lab testing transparency will improve patient care and lower costs
As the U.S. healthcare industry continues to advance value-based care and population health, lab testing price transparency and payment integrity programs should be a priority.
Why it’s time for hospitals to modernize their payment systems
By improving billing and payment systems, healthcare providers can help ease what is a common, anxiety-inducing burden for many patients.
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
The globally declining birth rate and the role of egg freezing
Depopulation places an unsustainable burden on a diminishing workforce, as fewer workers are available to support an increasing number of seniors. But technological improvements in egg freezing have resulted in vastly improved pregnancy rates and could help slow the decline in births.
Study finds health system specialty pharmacies linked to reduced cost of care for MA patients
A study published in the Journal of Managed Care + Specialty Pharmacy found Medicare Advantage patients reduced their cost of care by using specialty pharmacies instead of mail order or retail pharmacies.
Healthcare costs are making America sick: Here’s what we can do about it
Cost is a primary reason people avoid or delay care, even when they are insured. But increasingly consumers are talking with providers, shopping around and taking advantage of cost transparency tools to access the care they need.
Study: Medical debt outstrips other types of personal debt, reaching $140B
Though medical debt climbed high over the past decade, it appears that Medicaid expansion can help. States that expanded Medicaid saw average debt drop by 44% as opposed to a 10% reduction in non-expansion states.
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A Personalized Approach to Medication Nonadherence
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
Israeli-founded telehealth company aims to provide antidote to unaffordability of US healthcare
A new telehealth company, called Antidote, is taking aim at rising healthcare costs in the U.S. by providing an alternative inspired by the healthcare system in Israel. For a monthly membership fee, Antidote users gain unlimited virtual visits and zero copays on most medications.
Survey: Large employers want more government action to curb healthcare costs
Executives at large companies feel that the cost of providing employee health benefits will become unsustainable within the next decade, a new survey shows. They want the government to play a bigger role in providing coverage and lowering costs.
How can payers use financial incentives to guide consumer health spending behavior?
More than half of consumers say they are likely to use recommended providers or facilities if they receive a financial reward.
Report: One-fourth of adults with job-based coverage are underinsured
A growing number of patients with private coverage are underinsured, according to a new report by the Commonwealth Fund.
Maximize Revenue and Patient Care with Strategic Weight Loss Management
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
How Covid-19 has enhanced the need for price transparency
Price transparency is no longer a nice to have, it’s a must-have as consumers’ wallets increasingly run dry.
Could health insurance costs be flat or even lower during a global pandemic?
Here's a counterpoint to a recent PwC report that said that employer spending on healthcare could increase anywhere from 4% to 10% next year.
New Premier collaborative network to bring Walmart-style cost efficiency to healthcare
Group purchasing organization Premier is building a new healthcare network of health systems, employers and payers, and whose goals parallel those of large U.S. employers such as Walmart but are also meant to reach employees at smaller firms.
How hospitals help to drive up healthcare costs
Data shows that hospitals are by far the biggest cost in our $3.5 trillion healthcare system, where spending is growing faster than the gross domestic product, inflation and wage growth.
New Trump Administration executive order targets healthcare price transparency
A order released Monday directs the Department of Health and Human Services to start the rulemaking process to require that providers divulge the prices that patients and insurers pay in a readable format.