PayerFusion Healthcare Insights Roundup – May

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June 1st, 2013

Tips for a Safer Hospital Stay

Although hospital systems and providers have good intentions, mistakes do happen. Being an informed, prepared patient is the best defense against possible hospital errors.

Report: U.S. Healthcare System Can Save $560B in Public, Private Reforms

The Bipartisan Policy Center’s Health Care Cost Containment Initiative reports better prioritized healthcare quality and incentivized states could lead to $560 billion in savings.  In their report, “A Bipartisan Rx for Patient-Centered Care and System-Wide Cost Containment”, they offer 4 key recommendations critical to transforming the US Healthcare system.

Prescription Drugs: The High Costs of High Costs

The high cost of prescription drugs is a huge financial burden on patients and can have a negative impact on their health. One-fifth of American adults ask their doctors to prescribe a cheaper medication than the first choice, and 13% of adults 18-64 turn down prescribed medications because of cost.

Patient Reviews and Ratings Impact Providers

Patients are actively seeking reviews and ratings to make healthcare decisions. Patient satisfaction scores, provider reviews and social media sites are all playing a part in the decision-making process and have the potential to have a significant financial impact on providers.

The Shift Towards Outpatient Care

Hospitals and health systems predict a significant shift from inpatient care to outpatient care settings in 2013 and beyond as our healthcare system transitions to new care delivery and payment models.

What’s Your Local Hospital’s Safety Score?

The Hospital Safety Score assigns an A, B, C, D, or F grade to more than 2,500 general hospitals in the United States. The score grades general acute care hospitals on their patient safety from data that patient safety experts use to compare hospitals.

Strategies for Improving Medication Adherence

Prescription medications are essential in preventing and managing chronic conditions. However, two out of three Americans do not take medications as prescribed.  Poor adherence to prescribed medication leads to higher healthcare costs, unnecessary utilization and unnecessary suffering from illnesses like cancer, COPD, diabetes, heart disease, depression and hypertension.