Why re-evaluating past decisions can save health systems big money

Sure, the incentives of fee-for-service payment have long been noted as a cause of healthcare cost inflation and the target of many a regulator, insurance executive or television reporter. (Some Medicaid state programs are exceptions.) Based on these preliminary numbers (and I stress preliminary), f...

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Bibliographic Details
Published in:Healthcare Financial Management 2019-10, Vol.73 (10), p.48-49
Main Author: Helton, Jeff
Format: Article
Language:English
Subjects:
Budgets
Costs
Innovations
Overhead costs
Payment systems
Online Access:Get full text
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Summary:Sure, the incentives of fee-for-service payment have long been noted as a cause of healthcare cost inflation and the target of many a regulator, insurance executive or television reporter. (Some Medicaid state programs are exceptions.) Based on these preliminary numbers (and I stress preliminary), fixed-cost burden may be our opportunity. [...]our opportunity for innovation. Jeff Helton, PhD, FHFMA, CMA, CFE, is associate professor, health care management, College of Professional Studies, Metropolitan State University of Denver (jhelton2@msudenver.edu).
ISSN:0735-0732