By Scott Leggett Americans’ healthcare costs, as calculated by the Centers for Medicare Services (CMS), have grown consistently at the rate of about 4 percent per year over the past 20 years. What is the result of this unrelenting growth in healthcare costs? As Americans, we now spend about $10,000 per person or $3.6 trillion […]
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By Scott Leggett It is no surprise that the American hospital system has been drastically affected by the COVID-19 pandemic. The silver lining is that, for years, a movement toward independent outpatient surgery centers (OSCs) has been gaining momentum and is poised to take on a significant role in our healthcare system. Bonus: even Medicare […]
By Scott Leggett There is a cost to healthcare that is often overlooked. This cost does not appear directly on medical charts or profit and loss statements or in budgets, but it is a real cost nonetheless. And it is a cost that plays out in the patient’s health and well-being as well as their […]
By Thomas D. Wilson Aldi. The mere utterance of the name stirs fear in the heart of competitors, and joy in the heart of consumers. Aldi, the German-owned international grocery store chain with a growing presence in California, is renowned for offering quality products at low prices and even lower operating costs. It is a company […]
By Scott Leggett Earlier this week, the Trump administration made a dramatic move to improve healthcare price transparency. President Trump signed an executive order directing agencies to draw up rules requiring insurers and hospitals to make public the negotiated prices agreed upon in contract negotiations. Their goal: Give healthcare consumers the kind of pre-purchase pricing […]
By Thomas D. Wilson According to Centers for Medicare and Medicaid Services (CMS), the total cost of U.S. healthcare is approaching 18% of GDP, or $3.5 trillion. Modifying the healthcare delivery system will provide a positive impact on the U.S. economy, as well as on businesses and individual consumers, who will benefit greatly from a […]
By Scott Leggett Sure, you are a doctor, better yet a surgeon. You’ve spent years in education and training. You are at the peak of your game, the pinnacle of your profession. You eat, sleep and drink medicine. Speaking of eating, perhaps you can learn a thing or two from a company that serves fast […]
After the year-end rush of appointments and surgeries as patients attempt to take advantage of their deductibles, many medical offices find January to be one of their slowest months. Following are five tips to take advantage of the extra time and become a productive medical office: 1. Build or revisit your business strategy: Take advantage […]
By Tom Wilson While reaction among providers to the formal launch of the Centers for Medicare and Medicaid Services (CMS) BPCI (Bundled Payments for Care Improvement)Advanced has varied widely, surgeons reviewing the details of the risk-based program may find there is a lot to like. Surgical fees for procedures performed under BPCI-Advanced could be as […]
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