Tag Archives: Cost

Hospital price increases for inpatient services will cost consumers and employers $250B over the next decade

The annual cost of hospital inpatient services for privately insured individuals exceeded $ 200 billion in 2018 and is projected to exceed $ 350 billion in 2029, according to data compiled by UnitedHealth Group. Hospital inpatient spending growth is influenced by several factors, including prices charged by hospital facilities, prices charged by physicians practicing within… Read More »

Some generics can cost Medicare recipients more than brand-name drugs

Medicare Part D enrollees may pay more out of pocket for high-priced specialty generic drugs than their brand-name counterparts, according to new research by health policy experts at Vanderbilt University Medical Center and the University of North Carolina at Chapel Hill. Researchers examined differences in brand-name and generic or biosimilar drug prices, formulary coverage and… Read More »

MGMA: Majority of practices say cost of care outweighs Medicare reimbursements

According to recent MGMA Stat Poll, healthcare organizations are struggling with the ever-widening gap between reimbursements and cost of care. Participants were asked whether their practices 2019 Medicare payment rates were above, equal to or below the cost of delivering care. More than two-thirds of medical practices reported that 2019 Medicare payments will not cover… Read More »