Accounting & Financial Management
The hospital group is proposing the Senate at least double the $385 million in annual funding for the HPP from 2024 through 2029.
Data showed a 16.6% increase in the price of drugs in shortage, driven mostly by an increase in the price of generics.
The concern is that the QBP overpays MA organizations and does not encourage quality improvement or help beneficiaries select plans.
The impact of inflation is further exacerbated by continued clinical workforce shortages and pharmaceutical trends.
Hospitals struggle to know where and how the 48% of physician spend that doesn't go to compensation, is spent.
HIMSS23
Connecticut Office of Health Strategy is a think tank around health policy in the state, says Sumit Sajnani, health information technology officer at the Connecticut Office of Health Strategy.
AI robots at Multicare evolve in their learning of tasks such as picking up supplies and making lab deliveries, says CFO James Lee.
This is driven by stronger inpatient trends and utilization in the ER, in outpatient surgeries and dental services.
HIMSS23
When providers have conversations with patients and switch to lower-cost drugs, individuals are saving an average of $61 on prescriptions, says Dr. Andrew Mellin, CMIO at Surescripts.
This will outpace average annual growth in gross domestic product of 4.6%, resulting in an increase in the health spending share of GDP.