Cigna ties executive pay to patient experience
Editor's Note As part of a larger initiative to ease access to care, insurance giant Cigna is tying compensation for senior leadership directly to customer satisfaction. Modern Healthcare reported the news February 3. The shift is part of a multi-pronged approach that also includes overhauling prior authorization requirements and limiting…
Solving the supply chain equation takes shared perspective, ingenuity
Takeaways • Interdepartmental collaboration and standardized communication are essential to quickly identifying and addressing supply chain challenges. • Just-in-time inventory strategies have gained traction since the pandemic. Successful strategies involve leveraging data, rethinking preference card management, and shifting to a demand-planning model. • Resiliency is essential to cope with the…
Videos digitize, automate preoperative, postoperative care
Immersed in texts, apps, QR codes, and streaming videos, we live in a digital world. And yet, healthcare has been slow to catch up. Most nurses and other staff still hand out packets of paper and relay information verbally, whether in person or over the phone. It does not have…
Commentary: Studies show how surgeon decisions follow the money
Editor's Note Financial incentives can shape surgeons’ decision-making, but their effectiveness depends on the structure of the payment model. This is the central message of a January 26 article in Forbes reporting on two studies: one linking a sharp increase in hernia cases to a simple Medicare coding change, and…
Bain Capital seeks full acquisition of Surgery Partners amid growing private equity interest in healthcare
Editor's Note Bain Capital Private Equity put forward a proposal to acquire all remaining shares of Surgery Partners, an ambulatory surgery center (ASC) operator in which Bain Capital already holds a 39% stake, Modern Healthcare January 28 reports. According to a filing with the US Securities and Exchange Commission, the…
Report: Hospital credit ratings showed mixed progress in 2024
Editor's Note Hospital credit ratings in 2024 reflected mixed trends, with downgrades continuing to outpace upgrades, though at a slower rate than in 2023, according to a January 22 report from Kaufman Hall. The organization cites 5 key takeaways: Downgrades narrowed but persisted. The number of downgrades dropped to 95…
Proposed tariffs threaten medical device supply chain
Editor's Note Analysts say proposed tariffs on imported goods could increase costs for approximately 75% of medical devices marketed in the United States, 69% of which are manufactured solely abroad, according to a January 20 article in Medical Product Outsourcing. Valued at $197.8 billion in 2023, the US medical device…
EHR-integrated clinical decision support reduces unnecessary preoperative tests
Editor's Note An EHR-integrated closed-loop clinical decision support system (CDSS) significantly reduced unnecessary preoperative testing, improved patient safety, and significantly reduced costs across two hospitals in Madrid, Spain. As detailed in a study published January 3 in npj digital medicine, this system demonstrates the potential of automated guidelines to optimize…
Health data inaccuracies cost millions, threaten care quality
Editor's Note Healthcare data inaccuracies occur at rates as high as 26.9% in hospitals, with related inefficiencies costing providers up to $20 million annually, HealthLeaders reported January 8. According to the article, these inaccuracies stem from factors such as data entry mistakes, outdated information, inconsistent data standards, and system integration…
Prosthetic insurance coverage disparities persist despite legal protections
Editor's Note Health insurance coverage of prosthetics remains inconsistent and often inadequate, KFF Health News reported January 6. As a result, many patients face coverage denials due to claims of lack of medical necessity or high costs despite significant advancements in prosthetic technology, such as microprocessor-controlled knees and myoelectric hands.…
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