Under so-called reference-based benefits, insured patients would have to pay the difference between procedure prices and maximums set by their employers. Several Indiana companies are considering using the tactic.
Soon to change its name to Eskenazi Health, the county-owned hospital in Indianapolis is using a business model that tries to promote patients’ health, rather than merely treat their diseases.
The Obama administration’s one-year delay on enforcement of penalties against employers that fail to offer affordable health insurance gives employers the chance to cancel their benefits for the year and pocket a boatload of cash.
I can see the business model of the physicians and hospitals at work as they recommend tests of questionable necessity. Yet when it’s my own wife and son, it’s easy to think of a terrible outcome to avert with just one more test.
The job cuts at St. Vincent Health last month were so extensive that even two of the hospital system’s C-suite executives got the ax. And one local hospital accountant predicts these cuts are just the first pass that St. Vincent—and all of its hospital peers—will have to make.
Compensation in the most common physician specialties has been growing much faster than inflation for the past five years. Now, financially squeezed hospitals are set to reverse that trend.
It was not clear how many workers were losing their jobs in the Indianapolis area. However, people familiar with the cuts said the reductions were heavy in the administrative ranks, and many of those jobs are on the city’s north side.
Indiana consumers are set to receive rebates that are 59 percent larger this year as Obamacare continues to force health insurers to refund premiums that exceed actual medical claims by more than 20 percent.
With recent attention focused on hospital prices, WellPoint and its peers have been enjoying a nice break from their long-running status as Public Enemy No. 1 in the nation’s health care debate. They shouldn’t expect it to last.
Local providers will increasingly look for help from IT firms like Indigo Biosystems Inc. and VoCare Inc. as part of a coming wave of health IT innovation that is likely to mirror the IT revolution that began 30 years ago.
A new recommendation from the Medicare Payment Advisory Commission, if enacted, would likely end one of the ways Indianapolis-area hospitals have generated healthy revenue from their recent spree of physician acquisitions.
To get control of health care spending, prominent health policy wonks are calling for new rules requiring hospitals and insurers to raise the ‘veil of secrecy’ they have thrown over their prices for decades.
Whenever a new report claims hospitals are charging too much, a stock set of defenses comes out. But hospitals are cutting prices and expenses as we speak, undermining those arguments.
The real test of so-called narrow network health plans will come not with Obamacare's exchanges, but with employers, who control a far bigger slice of the health benefits pie and have been highly reluctant to limit their workers' choice of hospitals and doctors.
The real test of so-called narrow network health plans will come not with Obamacare’s exchanges, which cater to individuals, but with employers, who control a far bigger slice of the health benefits pie and have highly reluctant to limit their workers' choice of hospitals and doctors.
Indianapolis-area hospitals are undergoing such profound and permanent changes that some predict, eventually the four major hospital systems will merge and shrink down to two.
In the first post on my new blog, The Dose, I explain why the recently released Medicare charge data are meaningless for everyone but uninsured patients.
Joe Swedish, a career hospital executive, is now two months into his job at the helm of Indianapolis-based WellPoint, the nation’s second-largest health insurer. In his first interview since starting work, Swedish indicated he’s taking his time to learn the people and the culture of the vast organization he now leads.
With premiums for health insurance likely to head north next year as President Obama’s health care reform law fully takes effect, both individuals and employers will pay for more health care out of their own funds and buy less insurance.
Rather than raising prices on private health insurers to make up for inadequate payments from the government, hospitals across the country have been raising prices just because they can, according to a new study.
