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healthcare costs

The Costs of Being a Patient and a Doctor

November 2, 2013 by Jane Liu

Medical bills / shutterstock

A medical bill can easily leave a family bankrupt, regardless of the quality or efficacy of the care received. Cures may not be guaranteed, but at the very least, financial information regarding standard procedures should be made available to help patients decide which treatments or diagnostic tests to pursue.[read more]

India's Secret to Low-Cost Health Care

Low-cost healthcare in India

A renowned Indian heart surgeon is currently building a 2,000-bed, internationally accredited “health city” in the Cayman Islands, a short flight from the U.S. Its services will include tertiary care procedures, such as open-heart surgery, angioplasty, knee or hip replacement, and neurosurgery for about 40% of U.S. prices.[read more]

Top 10 Ways to Prevent Healthcare Financial Disaster

October 8, 2013 by Gabe Sullivan

medical bankruptcy / shutterstock

Health costs are one of the greatest financial burdens our country faces today and will continue to face in the coming years. At Costs of Care, we have developed ten lessons to assist patients and reduce the financial risk associated with receiving care.[read more]

Getting Real About Health Care Value

health care value / shutterstock

To some observers, putting value at the forefront of health care reform may seem obvious and non-controversial. Who can be against it? To use an American cliché, it seems a little like motherhood and apple pie: comfortable and widely endorsed. But the value movement could be much more than that.[read more]

Highmark’s Care Cost Estimator Looks Promising

September 19, 2013 by David E Williams

Health Costs

The site is similar in concept to a travel website like Orbitz. It allows users to select the type of care they need, and then see an array of provider choices and associated costs. The costs include total costs and out-of-pocket costs that are specific to the member. It claims to incorporate all aspects of the benefit design and benefit use to calculate the actual out-of-pocket costs.[read more]

Tell Your Story: 2013 Costs of Care Essay Contest Is Open!

September 13, 2013 by Neel Shah

Start writing / shutterstock

Do you have a story about a medical bill that was higher than you expected it to be? Or a time when you wanted to know how much a medical test or treatment might cost? How about a time you figured out a way to deliver or receive better care at a lower cost? Now's your chance to share that story with others.[read more]

Business Intelligence and Health Analytics for the Rest of Us

August 23, 2013 by Bill Crounse

health analytics

Business intelligence and clinical analytics (especially predictive analytics) are hot topics in hospital and clinic executive suites these days. And yes, I know these are also topics that cause eyes to glaze over for many of us who work in healthcare, especially clinical staff.[read more]

Opportunity Knocks for Healthcare Delivery: Who Will Answer the Door?

August 21, 2013 by Bill Crounse

ACA: opportunity knocks

As the Affordable Care Act begins to actually provide people with health insurance, experts are predicting a barrage of newly insured individuals to hit the healthcare system. I believe this opens a terrific opportunity for alternative delivery models such as urgent care centers and especially for retail healthcare providers.[read more]

Leapfrog Exposes High Cost of Hospital Rework

July 28, 2013 by David E Williams

The Leapfrog Group is riling up hospitals with a hidden surcharge calculator designed to show employers how much of their health care premium is devoted to paying for medical errors at the hospitals where their employees obtain care.[read more]

Patientnado: The Healthcare Storm Is About to Hit

July 16, 2013 by Bill Crounse

Sharknado or bad healthcare: tough choices

There’s a whole lot of care that could be delivered more widely and economically than in the traditional models. It’s time for insurance companies, government, employers, clinicians and citizens everywhere to demand more innovation in care delivery...before we all get eaten alive.[read more]

A “Bundle” of New Learning Resources for Health Care Providers

July 3, 2013 by Joanne Conroy

The 2013 definition of a bundle is a replacement for fee-for-service payments and a move toward full-risk contracting. Proponents see them as an opportunity to align incentives of physicians, hospitals, post acute providers, and health plans so that all parties are working to improve quality, eliminate variation, and reduce waste.[read more]

Medicare’s Problems Are Much Worse Than You Think

July 2, 2013 by John Goodman

The latest report of the Medicare trustees report is out and even before the public saw it, the White House spin masters had already crafted a carefully orchestrated story. Medicare’s finances have improved, we are told. The trust fund will last longer. The unfunded liability is lower. One of the reasons is ObamaCare. The core of the new health reform law doesn’t kick in until next year, but already it’s improving things for seniors. The president’s new budget carries much the same message. But is any of this really true?[read more]