Some hospitals throughout the country are barely managing to survive given that many avenues of their revenue have been shut down during the COVID-19 pandemic. Most hospitals have cancelled elective procedures and routine care which represent over half of all hospital revenue in order to ensure that there are enough beds and critical care resources…
First, there is no question that COVID-19 is a significant pandemic worthy of our collective international attention. There are currently almost 127,000 confirmed cases worldwide, most of which are concentrated in China, South Korea, Italy, and Iran. Second, there is no question that this is a virulent virus with a mortality rate of approximately 3.4%…
It’s said that people love surprises, but when they come in the form of medical bills, American consumers beg to differ. More than half have gotten a surprise medical bill, according to the National Opinion Research Center at the University of Chicago, and more than half of those surveyed blame the insurance carrier. While occurrences…
Of the many healthcare companies that will make headlines in 2018, CVS Health has the potential to draw the most attention. The Rhode Island-based drugstore retailing giant is poised to close a mammoth $69 billion deal to acquire health insurer Aetna by the third quarter of this year, CVS CEO Larry Merlo told analysts on…
Now that Senate Republican leadership has decided against voting on the Graham-Cassidy healthcare bill, the most recent Republican proposal to repeal and replace the Affordable Care Act (ACA), the party is regrouping on next steps, so don’t count repeal and replace dead and gone just yet. Many Republicans fundamentally believe some basic tenets of the ACA must…
As a result of the Patient Protection and Affordable Care Act, there are now hundreds of Accountable Care Organizations (ACOs) throughout the United States, most of whom (93%) never realize any shared savings for its participants. Why do some ACOs succeed whereas many break-even or fail? Dr. Jon Burroughs summarizes some of the key determinants…
Most medical staffs can easily avoid fair hearings by focusing on preventive actions and addressing potential performance issues early in a supportive and assertive manner