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.
After several years of record-breaking growth, US healthcare spending has slowed down dramatically. Many are considering whether the decline in healthcare spending is mostly attributed to the economy or new healthcare reform.
The Center for Medicare and Medicaid Services (CMS) recently released a report listing the hospital charges for 100 of the most common inpatient services and 30 common outpatient services for over 3,000 US hospitals. The report highlights the enormous variance in charges for the same procedure.
PayerFusion is a Health Plan Administrator and Cost Containment company offering comprehensive solutions for self-funded employers and international payers. Our health plan administration solutions are customized to meet the needs of our clients and include provider network design/support, policy design, full-service TPA, technology solutions/support and informatics. Contact us for more information and to learn more about our health plan administration services.