What’s Driving Increased Hospital Cost Concerns?
Cost control eclipsed revenue growth as the top priority among health system CEOs, according to Advisory Board’s Annual Health Care CEO Survey.
4 Ways Real Estate Strategy Curbs Costs and Supports Care
By perfecting the “puzzle” of care settings and reaching more patients more effectively, health systems can make invaluable headway in their critical goals of reducing fixed and operating costs.
Decline in Hospital-Acquired Conditions Saves Almost $3B
AHRQ reports that hospital-acquired conditions fell by 350,000 between 2014 and 2016. With an adverse drug event costing a hospital anywhere from $1,200 to $9,000 and a catheter-associated urinary tract infection costing between $5,000 and almost $30,000, this reduction is a positive indicator for reducing health costs.
What’s Driving Increased Hospital Cost Concerns?
July 13—The case for greater cost control at hospitals received its latest boost from a recent national survey of hospital executives. The growing urgency comes amid shrinking margins and cash flow.
June 25-29: Congress to Focus on Healthcare Costs
June 21—A Senate committee next week plans the first in a series of hearings focused on ways to reduce healthcare costs.
June 18-22: Congress to Review 340B Oversight
June 14—Members of a congressional panel will dive into ways to change the regulatory oversight of a major discount drug program, including steps that could have big hospital impacts.
Healthcare Cost Containment: June 2018
Subscribers can access the June 2018 issue of Healthcare Cost Containment.
Total Joint Replacement Costs Decline
Value-based models such as bundled payment and accountable care organizations have bolstered reductions in total joint replacement costs.
May 28-June 1: Senate to Focus on Opioid Impacts in Medicare, Medicaid
May 24—The primary Senate committee overseeing Medicare and Medicaid will begin its look at the opioid crisis next week amid a quickly advancing body of bills targeting the issue.
May 21-25: Healthcare Employment Challenges Get Congressional Focus
May 17—Congress is set to examine hiring challenges in the healthcare industry next week, as the sector hits an all-time high share of total U.S. employment.