One alternative to sky-high monthly health insurance premiums for many Americans is opting for a high-deductible plan instead. Those plans come with lower monthly premiums, but their elevated deductibles create other problems. Deductibles can reach into multiple thousands of dollars — causing some people to skip care altogether. Foregoing preventative care or not filling prescriptions…
Average ER prices increase by 89%, that is well over 6 times the cost of leaving 13.85%. Emergency rooms are collecting more money from private insurance plans, and at the same time, they’re also surprising patients with the news that their care wasn’t covered. So whether you’re covered or not, you’re paying more. Hospitals get…
The disparities on physician specialty average pay versus their average revenue contribution show another reason of how healthcare fails to manage its financial imperatives. Regardless of how specialty scarcity, procedural margins, and other competitive factors play into each specialty, is clear that the average gap is a reflection of the lack of good analytics on…
Discussions about the cost and complexity of America’s healthcare, don’t normally account for the labor cost provided by friends and family. But those supports are large and a growing part of the U.S. healthcare. Millions of dollars are raised every year in donations to help with medical bills, and care provided by family and friends…
The FDA approved on Friday the most expensive drug on the planet – a gene replacement therapy (Zolgensma) from Novartis to treat children younger than 2 suffering spinal muscular atrophy. The drug treatment attacks the genetic disease that often kills infants. But, it will come with the HUGE price tag of more than $2.1 million. Novartis said…
According to Axios, the number of hospital admissions, surgeries and other medical procedures has continued to stay flat in many parts of the country, but that hasn’t prevented hospitals from retaining large sums of money and hiring more people. America’s rural hospitals are dying, but large not-for-profit hospital systems in cities and suburbs are doing extremely well as…
The Trump administration is proposing regulatory changes that could result in cuts in federal aid to millions of low-income Americans. The Office of Management and Budget proposal would adopt a lower rate of inflation to determine poverty — meaning the poverty limit would rise more slowly, and fewer people would qualify for assistance. After 10 years,…
As the healthcare industry shifts its focus away from inpatient to outpatient care, more providers are moving into facilities that are in locations closer to patients — like shopping malls. The number of health care tenants in retail spaces has risen 47% over the past 3 years, and if projected to double by 2022 according to…
