Tag Archives: Health System
Healthcare providers keep close tabs on labor costs to keep spending in check
Executives say providing high quality at the leanest possible cost is all about efficiency.
Nonprofit Hospital Stops Suing So Many Poor Patients: Will Others Follow?
// <![CDATA[
var abgp={elp:document.getElementById(‘abgcp‘),el:document.getElementById(‘abgc‘),ael:document.getElementById(‘abgs‘),iel:document.getElementById(‘abgb‘),hw:15,sw:75,hh:15,sh:15,himg:’https://tpc.googlesyndication.com’+’/pagead/images/adchoices/icon.png’,simg:’https://tpc.googlesyndication.com/pagead/images/adchoices/en.png’,alt:’AdChoices‘,t:’AdChoices‘,tw:53,t2:”,t2w:0,tbo:0,popuptext:”,att:’adchoices’,ff:”,halign:’right’,fe:false,iba:false,lttp:true,umd:false,uic:false,uit:false,ict:document.getElementById(‘cbb‘),icd:undefined,uaal:true,opi: false};
// ]]>
To stabilize finances, Presence Health secures $528.1M loan
Pasadena hospital broke the law by not reporting outbreak, health officials say
Pasadena’s Huntington Hospital broke state law by not quickly reporting a suspected deadly outbreak last year, according to a letter by city officials.
The hospital released the letter this week, as well as the results of the city’s investigation into the outbreak caused by dirty scopes, which sickened 16 patients, including 11 who died.
City health officials did not investigate the cause of the patients’ deaths, many of whom were seriously ill. The officials noted in the report that only one patient’s death certificate listed as a cause the dangerous drug-resistant bacteria that contaminated the scopes and sickened the patients.
Making The Business Case For Investing In Community Health
http://healthaffairs.org/blog/2016/06/02/making-the-business-case-for-investing-in-community-health/
In recent years, many businesses have put a premium on improving employee health—often through investments in workplace wellness programs, onsite clinics, or the availability of fruit and vegetables on the premises.
Ostensibly, these programs are intended to generate a return on investment (ROI), with the thought that healthier employees are more productive employees, less likely to miss work, and more prepared to fulfill their potential. To date, though, research from the field has been mixed on whether workplace wellness programs and clinics deliver the ROI they promise.
Most hospitals fall short in following best practices for antibiotics use, study finds
Of the hospitals studied, only 39 percent had an action plan in place.
Pennsylvania hospitals see nearly 35 percent jump in operating income in 2015
From FY2014 to 2015, the statewide operating income for Pennsylvania hospitals jumped 34.7 percent, from $1.7 to $2.3 billion, report says.
‘Value Creation’ And ‘Value Shifting’ In Health Care
http://healthaffairs.org/blog/2016/06/01/value-creation-and-value-shifting-in-health-care/
The whole industry seems to be reading from the same playbook: Pair up with a company that makes the same product to become a leading provider, and thus gain more clout to negotiate business with hospitals and health insurers. There is ample empirical research in health economics showing that consolidation on the supply side of the health care sector has served to drive up prices. It is another way of saying that it supports value shifting, rather than value creation.
My gratuitous advice to the drug industry, and to the health care industry in general, is to be very mindful of the distinction between value creation and value shifting in their pricing policies, lest they eventually invoke the wrath of the losers in that game, with dire consequences.
HENRY KOTULA 