Five Indianapolis-area hospitals stand to lose more than $7 million in Medicare payments as a penalty for having rates of infections and patient injuries that run higher than most hospitals nationwide.
In health care, 5 percent of patients account for 50 percent of costs. Trouble is, those patients aren’t the same from year to year. Not even close.
In spite of the divergent trend, Indiana still employs more workers in hospitals and doctors’ offices than the nation as a whole.
This spring, Keith Pitzele ended his company’s health plan and sent his workers to the Obamacare exchange. It was a bumpy experience he’s glad he won’t have to repeat next year. Does that mean most employers won’t follow suit?
U.S. health care spending grew by the slowest rate in more than a half-century last year, but a speed-up is expected as the economy finally gets traction.
After suffering a financial swoon a year ago, Indiana’s hospitals look like they’re back on firmer—though not rock-solid—footing.
Believe it or not, wellness is now a minefield for businesses. The Equal Employment Opportunity Commission has taken up three lawsuits against companies because of their wellness programs. And new research finds that wellness programs probably cost employers money.
No Hoosier employers want to pay Obamacare’s 40 percent excise tax on health benefits, which hits in 2018. So they are embracing high-deductible plans and putting more responsibility for health care spending on workers.
Deloitte consultants say hospitals are about to go the way of department stores, airlines and banks by clustering into fewer and fewer competitors. There’s plenty of evidence from Indiana to support that theory.
Hillenbrand is making headway at a time when most corporations reap little improvement for their investment in wellness programs.
Facing the loss of key hospital contracts, the Indiana Blood Center cut 27 jobs on Friday, announced the retirement of its CEO and said it will join a consortium of Midwest blood centers.
Even without Medicaid expansion, Obamacare appears to have substantially reduced the more than 900,000 Hoosiers that go without health insurance during a year.
There are more choices and better deals in the 2015 Obamacare exchange, but if you want the same coverage as last year, it’s going to cost you more.
On Obamacare, the new Republican-controlled Congress should “leave the façade of the building and then demolish the inside of it,” according to one GOP leader. If Republicans take that approach, here are four things that could change in the next two years.
Retail clinics and urgent care centers are proliferating. That could expand the market for health care. But if consumers decide instead to make strip malls the front door to their health care—rather than traditional physician offices—the hospital systems could see their market shares waning.
WellPoint’s stock has benefited the most among major insurers since the 2013 launch of the Obamacare exchanges, along with tax subsidies to buy insurance.
Obamacare's community rating rules would give 25-percent-off coupons to boomers while sticking millennials with a 75-percent surcharge, according to recent data from employer health plans.
Hendricks Regional Health is taking a revolutionary step—at least for the health care industry—by applying the retailer’s playbook. Health care executives say more hospital systems are likely to follow suit in the future.
The federal government has spent $27 billion—and hospital systems have spent even more—to roll out electronic medical records across the industry. But even advocates say the results have been “disappointing.”
A new think tank report, which appears to jibe with Obama administration concerns, calls for “significant revision” to the Pence plan.
