Wait til you see what AI companies are doing with hospital rev cycle to max pack claims for admissions and on the other side with insurance plans to deny it. It’s an arms race that is only creating even higher costs
IMHO , you are missing what made the costs so high.
It starts with the insurance plan. These are the costs providers take risk on and shouldn’t :
1. The credit risk of the deductible
2. The float for Pre Auth denials/delays
3. The doctor/admin cost to appeal PA
4. The underpayments by carriers of contracted rates.
5. The admin costs of processing, that changes ever year.
6. All the consultants they pay re the above
7. (Excluding networks that are so dominant they see the rules )
In response the hospitals try to compensate for the above by :
1. Inventing Facilities Fees
2. Overcharging patients they will negotiate
3. 340b abuses
4. Site neutrality arbitrages
5. Underpaying doctors and nurses
The question is what would happen for hospitals that didn’t have the above issues with carriers ? Could they be profitable at hospital (as opposed to Indy physician rates )
I think the answer is yes. Multiple hospitals make money on Medicare and Medicaid rates. But they make sure their expenses fall in line with expected revenue.
Curious what everyone here thinks
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2⃣ Games, 2⃣ Scores for 8⃣1⃣ !
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First TD of the season goes to Hutch Crow!
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Correct! 90 days good for op ex of Pharmacy (PBMs), not necessarily patients with chronic disease that need more frequent touches. Their clinical outcomes and cost are what matters. @StellusRx
Adherence =/= compliance. This is measuring proportion of days covered (cadence of refills). Obviously when you only have to fill a med once instead of three times PDC goes up. PDC drives stars and other quality metrics but has a very loose relationship, at best, with taking the med.
This is nuts.
In 1990 healthcare wasn’t the top employer in any state
In 2024 it’s the top employer in 39 states
We are the united states of healthcare
@tjparker yep, similar but different..FFS primary care props themselves up with skin lasers, vitamins, allergy testing and now compounding GLP-1s. More signs of a broken system