Healthcare Spending

HHS Awards $319M to Bolster Healthcare Workforce for Underserved

by Samantha McGrail

Through the Health Resources and Services Administration (HRSA), HHS is providing $319 million in scholarship and loan repayment awards for dental, medical, and behavioral health to boost the...

Surprise Billing Law in NY Leading to Higher Healthcare Costs

by Samantha McGrail

A recent study from the USC-Brookings Schaeffer Initiative for Health Policy showed that New York’s solution for surprising billing increased what payers and patients pay for out-of-network...

Healthcare Costs Vary Among Specialists Across, Within Hospitals

by Samantha McGrail

The different ways that providers take care of the same type of patients is impacting healthcare costs and affordability of care, a new report released by IllumiCare found. The point-of-care...

Adjusting Medicaid Payments for Social Determinants to Boost Care

by Samantha McGrail

Adjusting Medicaid payments for social determinants of health would help address the broader social needs of children and cost restraints at safety-net hospitals, according to researchers from the...

What the FTC’s Study of COPAs Means for Hospital Mergers

by Samantha McGrail

The Federal Trade Commission (FTC) issued orders to five health insurance companies and two health systems seeking data to study the effects of state-level regulatory regimes known as certificates of...

Healthcare Mergers and Acquisitions Face $30M in Unrealized Value

by Jacqueline LaPointe

Healthcare mergers and acquisitions are increasingly popular, but the average health system is leaving approximately $30 million per year on the table following deals, according to a new report from...

25% of Total Healthcare Spending Attributed to Waste, Study Finds

by Jacqueline LaPointe

Despite initiatives to reduce spending and promote value over volume, a new study showed that the US healthcare system still wasted between $760 billion to $935 billion, representing approximately...

Spend Analytics Help Banner Health Control Supply Chain Costs

by Jacqueline LaPointe

As one of the largest non-profit health systems in the country, Banner Health relies on hundreds of contracts to ensure providers have the supplies they need to deliver high-quality care, and now spend...

Hospitals Take Aim at Healthcare Price Transparency Proposal

by Jacqueline LaPointe

A healthcare price transparency rule proposed earlier this year by CMS aims to empower patients by requiring the public disclosure of rates negotiated by hospitals and payers. But hospitals and other...

Improving Patient Outcomes Surpasses Reducing Cost as Top Priority

by Jacqueline LaPointe

A new survey from Johnson & Johnson Medical Devices Companies suggests health system clinicians and executives are moving beyond traditional cost cutting initiatives to address cost pressures and...

72% of Metro Areas Have Highly Concentrated Hospital Markets

by Jacqueline LaPointe

A majority of metropolitan areas have highly concentrated hospital markets, and most of those areas saw the level of market concentration increase since 2012, according to a new report from the Health...

Hospital Upcoding Behind Increase in Inpatient Spending in MA

by Jacqueline LaPointe

Higher prices and hospital upcoding drove the nearly 11 percent increase in commercial inpatient spending in Massachusetts, according to a new preliminary report from the Health Policy Commission...

Physician-Hospital Integration Increases Costs, Study Finds

by Jacqueline LaPointe

When hospitals acquire physician practices or physicians become employed by hospitals costs rise despite little change in care quality, a new study of physician-hospital integration by experts at Rice...

Hospital Mergers and Acquisitions Reduce Costs, AHA Report Shows

by Jacqueline LaPointe

Hospital mergers and acquisitions reduce healthcare costs and improve care quality, according to a new report commissioned by the American Hospital Association (AHA). Specifically, the report prepared...

Despite Financial Incentives, Medical Imaging Rates Reaccelerating

by Jacqueline LaPointe

Reducing reimbursement rates and implementing broad campaigns among physician groups has done little to decelerate medical imaging rates, suggested a study recently published in the Journal of the...

How Healthcare Price Transparency Can Cuts Costs, Improve Value

by Jacqueline LaPointe

Market-wide healthcare price transparency is a key way to increase the value of healthcare spending, according to a new study from the Harvard T. H. Chan School of Public Health. Published in the...

GA Task Force to Examine Healthcare Costs, Price Transparency

by Jacqueline LaPointe

Policymakers in Georgia are forming a task force to address healthcare cost and access issues in the state, including price transparency and free market solutions, according to an announcement from the...

Expanded Hospital Price Transparency Rules Worry Half of Providers

by Jacqueline LaPointe

Nearly half of providers recently polled by PMMC and Chilman Law Firm said publishing their negotiated rates with private payers were their biggest concern related to the Trump Administration’s...

Price Transparency a Key Way States Control Healthcare Costs

by Jacqueline LaPointe

As the 2020 elections draw closer, healthcare reform is taking center stage on the national level. But the topic has already been at the top of state priority lists, with several states already passing...

Chronic Disease Patients with Mental Health Disorders Cost More

by Jacqueline LaPointe

For chronic disease patients, having a mental health disorder was associated with higher healthcare costs and resource use, confirms a new study in JAMA Network Open. The study of hospitalization and...