Tag: Healthcare Costs
Charity plans to wipe out $278M of Ballad Health's outstanding patient medical debts
A national charity will buy $278 million in medical debt directly from Appalachian-area health system Ballad Health, helping provide financial relief to 82,000 patients. Ballad Health ... Read More
Self-insured employers are outmatched by hospitals when negotiating costs, research says
Giant self-insured employers usually aren't in a position to leverage their market heft to convey down the value of medical providers at hospitals. The issue? ... Read More
Hospital 'trauma facilities' cost huge charges to deal with minor accidents and ship individuals residence
The care was abnormal. A hospital in Modesto, California, handled a 30-year-old man for shoulder and again ache after a automotive accident. He went residence ... Read More
Nationwide out-of-pocket spending jumped 10% in 2021. Anticipate that progress to proceed by 2026
Shopper out-of-pocket spending on healthcare is about to hit an estimated $491.6 billion, or about $1,650 per particular person, within the U.S., in line with ... Read More
Trade Voices—Well being methods and the rise of direct contracting
As employers proceed to expertise unsustainable healthcare price development, a big quantity are beginning to embrace direct contracting with well being methods to cut back ... Read More
Limiting hospital value regulation to concentrated markets would miss the worst offenders
Policymakers have launched proposals to fight excessive and rising hospital costs, however specializing in high-concentration markets doubtless misses the mark. The vast majority of high-price ... Read More
KFF: Preventable COVID hospitalizations amongst unvaccinated value U.S. well being system $2.3B
The U.S. healthcare system spent about $2.3 billion in June and July caring for an estimated 113,000 COVID-19 sufferers whose hospitalizations might have been prevented ... Read More