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Value of voluntary bundled-payment program unclear

Editor's Note For the third year in a row, researchers with the Lewin Group couldn’t determine whether Medicare’s voluntary Bundled Payment for Care Improvement initiative cuts costs and improves care, the October 31 Modern Healthcare reports. The Centers for Medicare & Medicaid Services (CMS) funded analysis found that although providers…

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By: Judy Mathias
November 1, 2017
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Study: No advantages to robotic-assisted nephrectomy

Editor's Note Robotic-assisted nephrectomy is more expensive and takes longer than conventional laparoscopic nephrectomy and confers no additional benefits, this study finds. The proportion of robotic-assisted nephrectomies increased from 1.5% in 2003 to 27% in 2015. Of 23,753 patients analyzed, no significant differences were found in major postoperative complications between…

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By: Judy Mathias
October 31, 2017
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Manufacturers optimistic about repeal of medical device tax

Editor's Note On October 24, 179 House members (including 43 Democrats) signed a letter to Speaker Paul Ryan (R-Wis) calling for repeal of the medical device tax, the October 25 issue of The Hill reports. The medical device tax, which was included in the Affordable Care Act to help pay…

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By: Judy Mathias
October 27, 2017
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AHA study: Regulatory overload is unsustainable

  Editor's Note A study from the American Hospital Association (AHA) finds that the regulatory burden faced by healthcare providers is substantial and unsustainable, the October 25 AHA News Now reports. Hospitals, health systems, and post-acute care providers spend nearly $39 billion annually on administrative activities to comply with federal…

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By: Judy Mathias
October 26, 2017
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Track ASC metrics to produce a healthy bottom line

Each day seems to bring new tasks for leaders of ambulatory surgery centers (ASCs), adding to their already overflowing plate. One task that can easily fall off that plate is collecting and analyzing metrics, yet failing to do so can have serious financial consequences. OR Manager recently asked ASC leaders…

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By: Cynthia Saver, MS, RN
October 19, 2017
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Low-cost, high-volume services account for most of unnecessary healthcare spending

Editor's Note Low-cost, high-volume healthcare services account for a high percentage of unnecessary spending, adding strain to the healthcare system, this study finds. In this analysis of 5.5 million patients in Virginia, researchers found that services providing no net health benefits cost the state’s healthcare system more than $586 million…

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By: Judy Mathias
October 12, 2017
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Data analytics tops list of challenges for healthcare execs in 2018

Editor's Note In a survey from the HealthCare Executive Group, clinical and data analytics was was the top of 10 challenges the healthcare industry will face in 2018, the October 9 Becker’s Health IT & CIO Review reports. Value-based payments was third, cybersecurity was sixth, and mobile health technology was…

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By: Judy Mathias
October 11, 2017
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Factors linked to readmission after total hip

Editor's Note All-cause readmission is the only metric in widespread use, but it overlooks important information that enables readmission risk to be understood, this study finds. Of 514,455 patients in the UK analyzed over a 10-year period, there were 30,489 all-cause readmissions, 16,499 readmissions related to the surgical site, and…

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By: Judy Mathias
October 5, 2017
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The financial cost of physician burnout

Editor's Note A lack of awareness of the financial burden of physician burnout and uncertainty about what can be done to reduce or prevent it have been barriers to organizations taking action to address the problem, finds this study. Reviewing available evidence and analyzing the financial costs of physician burnout…

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By: Judy Mathias
September 28, 2017
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ECRI Institute's new SERVICEguide helps reduce costs of outsourced services

Editor's Note SERVICEguide is the ECRI Institute’s new membership-based advisory service that helps hospitals maintain and manage their outsourced services. SERVICEguide includes an interactive assessment dashboard with spend analytics that reveal the highest potential areas for savings. Recently, for example, ECRI Institute helped a large healthcare system save more than…

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By: Judy Mathias
September 25, 2017
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