How data puts the ‘value’ in value-based care
What if a surgeon decided to perform a procedure on a patient that was not totally necessary? It happens more often that one might realize. As recently as August 2023, Forbes published an article that cited a Harvard Business Review report stating that over 50% of lumbar spine surgeries are…
Nurses projected to see greatest increase in hourly wage by 2033, new study finds
RNs are projected to see the highest increase in pay over the next 10 years compared to other healthcare professionals, new research reveals. The research by TollFreeForwarding.com projected the future hourly earnings of 16 professions, including doctors, dentists, and RNs. Although all three professions project to see earnings increases over the…
Session: How value-based care will impact surgical services
Editor's Note Understanding the impact of value-based care on the surgical suite (VBC) will be essential for hospitals to understand as payers begin to seek partners in new payment models. In a conference session yesterday, Lauren Cricchi, associate principal, financial services at Avalere Healthcare and Katie Sullivan, senior vice president,…
ASCs lock in higher Medicare, Medicaid payment rate
Editor's Note Ambulatory Surgery Centers (ASCs) will now receive a 3.1% payment rate from the Centers for Medicare and Medicaid Services (CMS) for services, which is an increase of .3% under the original rule, Becker’s ASC Review December 5 reports. This change in payment rate reflects the average of all…
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