Costs & Cost Controls

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January 1970
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Hospitals using bundled payments report reduced SNF use and improved care integration

Editor's Note Hospitals participating in Medicare’s Comprehensive Care for Joint Replacement model or its Bundled Payments for Care Improvement initiative for lower extremity joint replacement episodes report reducing skilled nursing facility (SNF) use and improving care coordination, in this survey. Interviews of executives or administrators in each of 22 hospitals…

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By: Judy Mathias
August 7, 2018
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CMS requires hospitals to post prices online

Editor's Note Part of the Centers for Medicare and Medicaid Services (CMS) final Hospital Inpatient Prospective Payment System and Long-Term Care Hospital Prospective Payment System rule for FY 2019, issued August 2, was a requirement that hospitals post the prices they charge for surgeries and other medical procedures online. The…

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By: Judy Mathias
August 7, 2018
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Two QI programs lead to fewer postop complications

Editor's Note After implementing two presurgery checklists from the American College of Surgeons Strong for Surgery (S4S) program, most diabetic patients met blood sugar control recommendations, and many patients quit smoking before surgery. Use of the checklists along with an Enhanced Recovery After Surgery (ERAS) approach resulted in decreased length…

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By: Judy Mathias
July 26, 2018
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Editorial

Value-based payment (VBP) models of patient care have not been shown to effectively reduce healthcare costs, according to a recent report from the Healthcare Financial Management Association (HFMA). But that conclusion comes with several caveats, such as: • It’s too soon to have data on programs like the Medicare Shared…

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By: Elizabeth Wood
July 23, 2018
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CMS extends deadline for new alternative bundled payment model

Editor's Note The Centers for Medicare & Medicaid Services (CMS) announced that it is extending the deadline for its new alternative bundled payment model from August 1 to August 8, the July 5 Modern Healthcare reports. CMS extended the deadline after receiving complaints from providers and hospitals that they weren’t…

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By: Judy Mathias
July 9, 2018
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Atul Gawande named CEO of new Amazon led healthcare company

Editor's Note Surgeon and Harvard Medical School professor Atul Gawande, MD, has been named CEO of the Boston-based Amazon, JP Morgan Chase, and Berkshire Hathaway healthcare venture, the June 20 Modern Healthcare reports. The companies, which are focused on lowering the cost of care primarily for their nearly 1.2 million…

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By: Judy Mathias
June 20, 2018
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Effects of quality improvement in bariatric surgery patients

Editor's Note This retrospective study of patients undergoing bariatric surgery found that hospitals with the largest reductions in serious postoperative complications had the greatest decrease in Medicare payments. Researchers ranked 562 hospitals (37,329 patients) into quintiles. The top 20% of hospitals had a decrease in average serious complication rate of…

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By: Judy Mathias
June 18, 2018
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Effect of neuraxial anesthesia for total joints on outcomes

Editor's Note Increased use of neuraxial anesthesia for total hip and knee patients was linked to lower hospitalization costs in this study. National data on 808,237 total knee and 371,607 total hip replacements were used in the analysis. Multivariable associations were measured between hospital neuraxial anesthesia volume (quartiles) and outcomes…

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By: Judy Mathias
June 12, 2018
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Cost-benefit analysis of maintaining a fully stocked MH cart in maternity units

Editor's Note This study found no cost benefit to maintaining a fully stocked malignant hyperthermia (MH) cart with a full supply of dantrolene in maternity units, where triggering agents are rarely used. Maintaining an MH cart in every maternity unit in the US would reduce morbidity and mortality costs by…

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By: Judy Mathias
May 17, 2018
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ECRI Institute announces healthcare supply chain award winners

Editor's Note The ECRI Institute on April 23 announced the winners of its seventh annual Healthcare Supply Chain Achievement Award, which recognizes hospitals and healthcare systems for their comprehensive and effective use of ECRI Institute’s PriceGuide™ and SELECTplus® supply and capital procurement advisory programs. Eleven winners were selected from nearly…

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By: Judy Mathias
April 23, 2018
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