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Study: Most Specialists Less Receptive to ACO's than PCP's Print E-mail
Written by Jeffrey Herschler   
Thursday, 07 March 2013 00:00

A Physician Staffing Firm (LocumTenens.com) recently completed a report entitled Accountable to Whom?  Physicians Weigh in on Value-Based Care.  Over 1200 Physicians were surveyed to determine whether physicians know a lot about value-based care and how they feel about it.

According to the survey, 61% of primary care physicians (PCPs) said they'd be willing to participate in an ACO with at least one payer.  Meanwhile, most specialists were less enthusiastic about ACO participation.  Less than half (44%) of emergency medicine doctors and slightly more than half (55%) of radiologists and surgeons favor ACO participation.

The author concludes:

"...the healthcare industry has a steep PR hill to climb to improve physician engagement if it's to move forward with value-based care. Their efforts will have to lean toward educating and actively seeking physician input in design and execution of new payment models. Without physician buy-in, no wholesale reform of healthcare can work."

Read the full report HERE.  
 
JAMA study: Surgical robot adds little to hysterectomies other than price Print E-mail
Written by Mark Hollmer Fierce Medical Devices   
Tuesday, 26 February 2013 00:00

Using an Intuitive Surgical ($ISRG) robot for hysterectomies costs hospitals nearly $2,200 more per procedure compared to nonrobotic, minimally invasive surgical approaches, but patients didn't gain any added benefits, researchers from Columbia University and elsewhere have concluded.

Read More >>>  

Editor's Note: FHIcommunications and Fierce Healthcare are Content Exchange Partners.
 
CMS Announces Participants in Bundled Payment Initiative Print E-mail
Written by MWE.com   
Monday, 25 February 2013 09:20

The U.S. Centers for Medicare & Medicaid Services (CMS) recently announced the health care organizations chosen to participate in the Bundled Payments for Care Improvement (BCPI) Initiative.  The BCPI Initiative represents a significant expansion of CMS's use of bundled payments in traditional Medicare, and is part of an effort to incentivize greater care coordination and increase provider accountability as the agency seeks to move away from its reliance on traditional fee-for-service payments.

Read the full article here.

Last Updated on Friday, 01 March 2013 10:28
 
Hospital Readmissions Not Linked to Mortality Print E-mail
Written by Fierce Healthcare   
Thursday, 21 February 2013 00:00

How well hospitals keep patients alive isn't associated with how well they do at keeping patients from bouncing back to their facilities, concludes a study in yesterday's Journal of the American Medical Association.

Researchers looked at Medicare patients who had heart attacks or pneumonia between 2005 and 2008 and found no link between hospital readmission rates and mortality rates.

Moreover, hospital factors, such as ownership structure and teaching status, had little to no effect on the relationship between readmissions and deaths, MedPage Today reported.

The study also indicted hospitals should be tracking both measures of readmissions and mortality to gauge quality.

Read More>>>   

Editor's Note: FHIcommunications and Fierce Healthcare are Content Exchange Partners.

Last Updated on Friday, 22 February 2013 17:12
 
FASB Updates Financial Statement Presentation of Bad Debts for Healthcare Entities Print E-mail
Written by Gloria Xu, CPA, CISA   
Sunday, 17 February 2013 00:00

Effective for year 2012, income statement disclosure requirements under Generally Accepted Accounting Principles (GAAP) for bad debt allowances have been revised. Until now, healthcare entities have reported bad debt allowances in the statement of operations as either part of net patient service revenue or as an operating expense. Effective for calendar year 2012 financial statements, the provision for bad debts should be separately presented as a deduction from patient service revenue (net of contractual allowances and discounts).                     Read More>>>

Source:  Goldstein, Schechter Koch
 
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