Tag Archives: Costs

Community Oncology Alliance proposes value-based alternative payment model to reduce costs

The Community Oncology Alliance has submitted an ambitious value-based reform model to improve quality, reduce costs and provide additional cancer care services to patients and caregivers. Known as the “OCM 2.0,” the detailed plan is an alternative payment model that was presented by COA to the Physician-Focused Payment Model Technical Advisory Committee, an advisory committee… Read More »

Precision medicine as a way to improve oncology care — and potentially drive down drug costs

Broadly defined, precision medicine is about the personalization of care. Yet on a practical level, precision medicine can take on different forms in different subspecialties in healthcare. In modern oncology care, it’s largely about getting the right drugs to the right patient at the right time. There’s also some early evidence that more efficient targeted… Read More »

Hospital-acquired sepsis cases drop, but treatment costs rise, report finds

Dive Brief: Healthcare consulting company Premier reported a 15% drop in hospital-associated sepsis cases among member hospitals over the past three years. But the news is not all good. Patients who develop sepsis in the hospital are 10% more likely to experience the worst kind, septic shock, raising the average per-case cost of treating the… Read More »

Delivery robot poised to create efficiencies, save on operational costs for hospitals

Coming soon to a hospital near you: Robots? If Savioke and Swisslog have a say in the matter, then yes, robots. The former, a robotics company, and the latter, a healthcare automation outfit, have teamed together to create a robot they call Relay. Already in use in the hospitality industry, it’s been tested in healthcare… Read More »

Health Care Costs Rising

Free Website Content » Health » Health Care Industry Articles By: Peter Joseph The cost of providing employees with health insurance coverage continues to increase at a double-digit rate. We’ve read a lot about cost drivers in health care – exorbitant hospital charges, rising prescription drug costs, expenses associated with developing new technologies and treatments,… Read More »

Prescription Drugs: From Costs and Bad Reputation to Civica Rx and Amazon to the Rescue

The prices of medicines prescribed in outpatient settings rose, on average, 10.3% in 2018. Wages increased about 2.6%, and consumer prices, 1.3%, based on the 2019 Segal Health Plan Cost Trend Survey. Segal forecasts that medical cost trends will moderate for 2019, lower than 2018 rates. But to the patient, now feeling like a consumer… Read More »