In the News
Stories and trends changing the healthcare landscape
How Data and DNA Are Making Cancer Treatment a Personal Issue
The power of data to help personalize optimal treatment for cancer is exciting; yet even more exciting is the ability to prevent it. Even though the health care industry recognizes the risks to quality of life as well costs associated with a disease event, innovation and pro-active care will need to address proven/necessary treatment and the timing of the costs when health plan benefits are annual. Not only providers of care, but also employer groups, individuals, and multi-year government innovation will likely need to play the role of change agents.Read the story.
It Costs $10K More Annually To Treat People With Diabetes, Insurers Say
Increased diagnosis for first time insured individuals combined with convenience drug treatments are noted for a spike in costs around diabetes. At the same time, everyone agrees preventing complications is the real lever to reducing overall health care costs. The challenge continues: Insurance plans are renewed annually, yet the overall cost reduction is longer term. Is there an option to shift insurance plans from a 12 month cycle?. Read The Story.
Wave of consolidation engulfing health care systems
Roughly a dozen mergers have taken place among health systems in Wisconsin in the past two years. Some have involved small rural hospitals, others large health systems.The mergers all have one thing in common: They were driven at least partly by the changes taking hold in health care. Read the Article
The Biggest U.S. Health Care Challenges Are Management Challenges
Findings indicate it is not competition but internal change management as the largest hurdle as healthcare shifts from volume based to value based health care. From our point of view, It is not just strong leadership to steer the ship but also timely incentives. Proving value takes time, while volume rewards are fast. Read the story
Next Generation ACO
CMS’s Next Generation ACO’s – “allows participants to take on more financial risk with more predictable financial targets and the potential to obtain a greater reward.” – and continues to keep the focus on quality of care over quantity of care. Read the article
Year 1 of Bundled Payments Results showing some promise
Initial Results are in on CMS Bundled Payments Year 1. Lower lengths of stay. Reduced utilization of skilled nursing facilities substituted for home health, all resulting in for overall cost of care. Both ER and readmissions rose initially, and then fell to the baseline rates. Read the article
Google Analytics & Healthcare
Google and the power of their analytics, combined with healthcare providers has the potential to redefine not just health information, but also health care. Read the article
Wellness vs Well-Being
Is the industry starting to recognize the difference between short term incentives vs true lifestyle changes? Read the article
A smooth launch makes a difference.
Healthcare start up heat map
A Website that provides a visual map of start ups by industry – additional details and link to a healthcare start up map included. Read the article