Hospitals continue consolidating despite the pandemic
The pandemic has dried up big parts of hospitals’ businesses, and that’s why Congress established a $175 billion bailout fund to help them. At the same time, they’re spending millions …
The coronavirus pandemic has changed healthcare utilization and spending!
The cost of hospital admission for patients with the coronavirus can top tens of thousands of dollars, and there have been hundreds of thousands of hospitalizations just in the early months of …
The Post Coronavirus Economy Will Make Medicare-for-All More Popular
The disruption caused to the economy by COVID-19 will create a strong push to let more Americans buy into Medicare! According to KFF, 2.5 million adults ages 55 to 64 lost …
4 Common missteps
Four Common Missteps That Leaders Make When Under Pressure To Reduce Costs! Current economic conditions caused by the pandemic are forcing health systems to hurriedly concentrate on cost reduction strategies. …
Taiwan’s single-payer success story — and its lessons for America
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JAMA review: waste accounts for 25% of healthcare spending
According to a JAMA review, the waste in the U.S. healthcare system costs from $760 to $935 billion annually, roughly one-quarter of all U.S. healthcare spending, The two previous studies …
Health insurers are eating higher medical costs
Almost all of the major health insurance companies are spending more on medical care this year than they have in the past. Rising prices and more services for sicker patients …
2019 Cost of healthcare for a hypothetical American family of four = $28,386
In 2019, the cost of healthcare for a hypothetical American family of four covered by an average employer-sponsored preferred provider organization (PPO) plan is $28,386, according to the Milliman Medical …
A reality check on hospital mergers
Hospitals represent the largest chunk of U.S. health care spending, and hospitals are acquiring more market power and commanding higher prices — bills that every American pays for in some …
Why Americans are so fed up with health care!!
The amount of money Americans have to pay out of pocket for healthcare expenses before their insurance kicks in is now double what it was a decade ago. The average …
