Monday, August 19, 2013

Featured Report: Altarum Institute: Higher healthcare prices unlikely


This Week's Healthcare Online News
iHealthBeat
Studies: Tools Can Help Predict Readmission, Complication Risks
Aug,15,2013
by+Staff

Two recent studies found that online tools that calculate personalized health risks can be used to predict unplanned hospital readmissions and estimate patient-specific postoperative surgical complication risks.
Study on Readmissions
The Rothman Index -- a calculator that uses electronic health record data to determine health risks -- can predict the probability of unplanned hospital readmissions, according to a study in the journal Medical Care, Orthopedics Today reports.
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Fierce Health Payer
Most exchange plans limit member choices
Aug,16,2013
by:+Julie Bird

Health insurance plans sold through state health insurance exchanges are likely to include limited choices of doctors and hospitals and require referrals for specialists and pre-authorization before expensive procedures, The Wall Street Journal reported.
The paper cited a McKinsey & Co. analysis that found 47 percent of 955 plans proposed for the insurance marketplaces early in the filing period were for health maintenance organizations (HMOs) or plans with similar designs. Other plans classified as preferred provider organizations (PPOs) also would restrict patient choice of doctors and hospitals.
Insurers interviewed for the article said they believe cost-conscious consumers shopping in the online marketplace will accept the tradeoff of less choice for lower premiums.
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Med City News
Understudied and underserved: Medical devices for women are a big unmet need
Aug,18,2013
By:+Nancy Lynch MD

Last month, the FDA’s Center for Devices and Radiological Health (CDRH) launched an ambitious and important initiative focused on improving women’s access to and outcomes from treatments using medical devices. This follows the publication of its 2011 draft guidance on the subject. The Health of Women Program commenced with an impressive two-day public workshop and included participants from all stakeholder groups.
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Modern Healthcare.com
Altarum Institute: Higher healthcare prices unlikely
Aug,17,2013
by:+Jaimy Lee

Healthcare prices are growing at historically low rates, according to new estimates from the Altarum Institute. And because of a revision to federal benchmark data, researchers estimate that the portion of the economy consumed by healthcare is less than previously thought. The percentage of the gross domestic product has averaged about 17.5% (rather than 18%) since the end of the recession, they now believe.
Spending on healthcare rose 4.3% from June 2012 to June 2013, about 0.8% faster than the pace of GDP growth. The institute's monthly briefs on health sector economic indicators suggest that weak growth in the industry is exerting pressure on prices even as economic growth has started to accelerate. Prices for hospitals and physician and clinical services each rose less than 2% over the 12 months through June, and prescription drug prices reported a year-over-year price drop of 0.1%.
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