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All GLG News Analyses Filed Under: Healthcare Services

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Robert Boorstein, MD, PhD, Director of Pathology
Bellevue Hospital Center
Analysis of: By 2008, Medicare won't pay for hospital errors | www.fiercehealthcare.com
The last several years as seen the growth of financial incentives to stimulate improvements in patient safety and patient outcomes.  Clearly society has an interest in improving patient safety, and aligning providers and payers financially is a laudable goal. The use of denied payments raises the...
Frederic Goldstein, President and Chief Operating Officer
Frederic Goldstein, President and Chief Operating Officer
U.S. Preventive Medicine, Inc.
Analysis of: Health Insurers Mull Costs, Future of Medicare | www.thestreet.com
We are reaching a tipping point where health plans are no longer able to raise rates quickly enough to cover their increasing Medical Loss Ratios in the commercial market. As the commercial sector becomes tighter, plans have expanded into Federal and State contracts with Medicare and Medicaid to maintain...
Analysis of: Medicare Ends Coverage for Hospital Errors | www.starledger.com
For at least the past twenty years, the American method of reimbursing hosptials has come under fire for reimbursing hosptials for what they do, rather than how well they do it.  In the past ten years, there have been a growing number of "pay for performance" initiatives attempting to rectify...
Analysis of: Blue Shield of California to pay $31M in quality bonuses to state medical groups | www.fiercehealthcare.com
Pay for performance is here, and being used in actual reimbursements.    This is an example of this in the private payor model.
Analysis of: Medicare Says It Won’t Cover Hospital Errors | www.nytimes.com
Medicare will not pay for sponges left in from surgery, broken bones from falls in the hospital when admitted for something else and will not pay for infections that ocured due to error in policy as well as operation such as infections due to catheters and wounds. REVOLUTIONARY!!!!
Analysis of: By 2008, Medicare won't pay for hospital errors | www.fiercehealthcare.com
Well....we know CMS doesn't have enough money to fund healthcare in perpetuity.   Physicians have been taking reimbursement cuts or lack of raises over the last 5 years.    Realizing you can't squezze enough money out of the physicians, Medican now brilliantly plans to...
Michael Grossbard, MD, Professor of Clinical Medicine
Columbia University College of Physicians and Surgeons
Analysis of: By 2008, Medicare won't pay for hospital errors | www.fiercehealthcare.com
In 2008, Medicare will no longer pay the cost for hospital care related to certain types of errors including some hospital acquired infections.  This continued decrease in reimbursement will hurt those hospitals most in need of new information systems and increased staffing.
John Hsu, MD, Director of Anesthesiology
Presbyterian Intercommunity Hospital Inc
Analysis of: MDs offer new services, for $3,600 yearly fee | www.boston.com
Is access to healthcare equal for everyone or only for the wealthy.
Analysis of: By 2008, Medicare won't pay for hospital errors | www.fiercehealthcare.com
Many hospitals are struggling with the finances of improving patient safety. This takes capitol. Having hospital penalized financially for medical errors some of which are inherent to the system, will only cause the demise of some institutions. What will happen to those patients? I guess the people...
Glen McDaniel, MS, MBA, President and Chief Executive Officer
Glen McDaniel, MS, MBA, President and Chief Executive Officer
GM Global
Analysis of: By 2008, Medicare won't pay for hospital errors | www.fiercehealthcare.com
- Some studies show that medical errors continue to increase despite an intense focus on this issue over the last recent years. This decision by CMS should bring even more attention to this whole area of patient safety and error prevention - There will need to be increased documentation to "prove"...
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