The movies, Dallas Buyers Club, Last Holiday, Sicko, The Rainmaker, John Q and Breaking Bad all point to one thing in common: The ugly side of the American Healthcare System. The United States spent about 16% of the total GDP on healthcare from 1980-2019, when compared with the UK, Australia, New Zealand and Canada. All, but […]
Category: Healthcare Spending
Physician Practices Demand More from Provider Relief Fund
Future distributions of Provider Relief Fund should prioritize allocation to physician practices struggling with the financial consequences of the unprecedented COVID-19 pandemic, rather than just hospitals, physician groups are urging lawmakers. Where is the Focus? Physicians practicing outside of the hospital systems in the country have already invested thousands of dollars in infrastructure to support […]
Reimbursement at Medicare Rates Might Cut Healthcare Spending by $352B
Lowering and matching the rates of private payer reimbursement to that of Medicare might reduce the steadily rising healthcare spending. However, it might also slash the revenue of hospitals and other providers. According to a new analysis, the overall healthcare spending of the country can be lowered by around $352B in 2021 if the private […]
Few Conditions Compelling Employer Healthcare Spending
Five common conditions, consisting of several chronic ones, drive employer healthcare spending and might be able to impact the payer’s overall spending. ASTHMA It is one of the leading factors of employer healthcare spending. The instance of asthma was around 31 percent higher in women. While income levels did not pose to be a differentiating […]
