Thursday, December 20, 2012

Hospital Medicine and the Health Care Crisis

Today's Hospitalist published an article on Hospital Physicians and management of their flat reimbursement from the CMS.

The article highlighted the following:

  • Out-of-Pocket Increased 64% from 1997-2005
  • One-quarter of people on Medicare spend 31% of their income on health care
  • Analysis says Aging  will be responsible for 37% increased spending by 2035
  • 46% of projected spending was attributed to "excess cost growth"
Hospital Care:
  • Americans spent $2.6 trillion on health care in 2010
  • Hospital care accounted for $814 billion (not including physician fees)
  • Medicare and other fees accounted for 
  • Control costs
  • HCAHPS - Hospital Consumer Assessment of Healthcare Providers and Systems
To view the full article, please click the following link: Disappearing Dollars? Hospital Medicine and the Health Care Crisis

For additional billing and coding resources, please click this link: Medical Reimbursement Billing and Coding Resources

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