Tag: Cost

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…

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By: Meghan Nechrebecki, MSPH
January 31, 2025
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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…

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By: Matt Danford
January 30, 2025
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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…

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By: Tarsilla Moura
January 29, 2025
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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…

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By: Matt Danford
January 24, 2025
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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…

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By: Matt Danford
January 23, 2025
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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…

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By: Matt Danford
January 23, 2025
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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…

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By: Matt Danford
January 13, 2025
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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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By: Matt Danford
January 9, 2025
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Report: Healthcare ransomware compromises millions of patient records, costs billions in downtime

Editor's Note Between 2018 and 2024, ransomware attacks on US healthcare organizations compromised nearly 89 million patient records and resulted in downtime costing an estimated total of $21.9 billion, according to a December 18 report from Comparitech. The report tallies 654 total ransomware incidents during this period targeting hospitals, clinics,…

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By: Matt Danford
January 3, 2025
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Proposed tariffs, stricter immigration policies threaten healthcare workforce, supply chain

Editor's Note Immigration and trade policies proposed by President-elect Donald Trump could exacerbate challenges with healthcare staff and medical supply chains, according to recent reporting from Modern Healthcare and The Hill. As detailed by Modern Healthcare, stricter immigration policies could impede efforts to recruit skilled international workers, exacerbating gaps in…

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By: Matt Danford
January 2, 2025
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