By Scott Leggett Earlier this week, the Trump administration made a dramatic move to improve healthcare price transparency. President Trump signed an executive order directing agencies to draw up rules requiring insurers and hospitals to make public the negotiated prices agreed upon in contract negotiations. Their goal: Give healthcare consumers the kind of pre-purchase pricing […]
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By Thomas D. Wilson According to Centers for Medicare and Medicaid Services (CMS), the total cost of U.S. healthcare is approaching 18% of GDP, or $3.5 trillion. Modifying the healthcare delivery system will provide a positive impact on the U.S. economy, as well as on businesses and individual consumers, who will benefit greatly from […]
By Scott Leggett Sure, you are a doctor, better yet a surgeon. You’ve spent years in education and training. You are at the peak of your game, the pinnacle of your profession. You eat, sleep and drink medicine. Speaking of eating, perhaps you can learn a thing or two from a company that serves fast […]
After the year-end rush of appointments and surgeries as patients attempt to take advantage of their deductibles, many medical offices find January to be one of their slowest months. Following are five tips to take advantage of the extra time: 1. Build or revisit your business strategy: Take advantage of the time and plan for […]
By Tom Wilson While reaction among providers to the formal launch of the Centers for Medicare and Medicaid Services (CMS) BPCI-Advanced has varied widely, surgeons reviewing the details of the risk-based program may find there is a lot to like. Surgical fees for procedures performed under BPCI (Bundled Payments for Care Improvement) Advanced could be […]
By Scott Leggett Like most doctors, Brian Perri, DO, a spine surgeon practicing in Beverly Hills, Calif., is challenged to provide the best care for his patients while helping patients and payers control the costs associated with acute surgical procedures. Dr. Perri employs three key strategies to assure his patients get the best surgical care […]
By Tom Wilson Physicians reading the news about U.S. healthcare policy may wonder about the fate of their profession amidst the backdrop of highly-charged healthcare policy debates in Washington, D.C., and attendant media coverage often focusing on the political stories rather than the practical realities of delivering medical care to patients. Behind the headlines, behind […]
Story Highlights • Consumers, driven by ever increasing healthcare costs and rising deductibles, are actively shopping for healthcare services. • Physicians are increasingly expected to assist the patient in finding best-value services for prescribed procedures. • Patient satisfaction assessments are commonly used to reflect the perceived value people receive from their physician. • Bundled payments […]
By Tom Wilson The gauntlet has been thrown down: Healthcare in the U.S. is too expensive. Fix it. Caught in the crosshairs of this challenge to the healthcare industry as a whole are healthcare’s indispensable players: physicians. Working with, around and sometimes seemingly against physicians to answer the challenge of fixing healthcare are a host […]
By Scott Leggett Before the exciting news of big tech companies, including Amazon and Apple, announced their entrance into the healthcare space, the creation of bundled payments was born as an alternative to the traditional fee-for-service model. The bundled payment approach consolidates fees for whole treatment regimens from start to finish, allowing an objective decision […]
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