Todd Shryock is managing editor of Medical Economics.
Inflation up 0.1% in August, 8.3% for the year
Rising shelter and food costs offset drop in gas prices
AHA: Rural hospital closures threaten care access
Reports shows 136 rural hospitals have closed in the last decade
Americans are willing to pay more for quality care
Study shows that patients are also willing to travel some distance to seek out the best price of care
Surprise: Private equity wants to squeeze more profits out of physician practices
Study shows increases in patient volume and prices after private practices were acquired by private equity firms
Federal funding for COVID vaccinations running out
Funds likely to be exhausted by the end of the year, meaning commercial payers will take over payment for many patients
Are primary care physicians being replaced?
Nurse practitioners and physician assistants keep taking on more primary care responsibilities, often without supervision of a doctor
Hospitals struggle with decreasing revenue and increasing expenses
Struggles follow months of improvement
Patients often can’t afford to pay off what their insurance leaves behind
If a patient owes more than $7,500 in medical debt, you probably aren’t going to collect much from them
Cancer is now the top driver of large company health care costs
Cancer took over the top spot from musculoskeletal conditions
Patients with multiple chronic conditions are more likely to have high medical debt
Even when eligible for social services, patients rarely recoup the income they have lost due to illness
Routine depression screening by primary care physicians may capture under-diagnosed patient populations
Screening for depression at the primary care level could dramatically increase the likelihood of treatment for those who are traditionally under-treated
Employers expected to be hit with 6.5% health care increase in 2023
Average cost per employee is estimated at $13,800
Value-based revenue makes up 6.74% of primary care income
MGMA report shows value-based contracts account for $30,922 per provider
Credit rating agency labels nonprofit hospital sector as “deteriorating.”
Labor troubles and investment losses have created difficult challenges for nonprofit hospitals and health systems
One-third of companies report workers responsible for health data leaks
Digitization of health care comes at a cost
Undiagnosed diabetes may be less prevalent than first thought
Overall numbers may be lower, but the obese, racial/ethnic minorities, and those without health care access have higher numbers of undiagnosed diabetes
Health care spending continues decades long rise
Almost a third of spending is on insurance premiums and out-of-pocket payments
Nearly 4 in 10 Americans say inflation affecting their health care
Patients are either skipping care completely, cutting costs elsewhere, or borrowing money to pay for health care
Financial problems cause delays in care and exacerbate social determinants of health
Poll shows that minority populations are suffering the most.
Inflation eases slightly in July
Falling energy prices offset modest gains in other categories
MGMA asks feds for fair warning before additional surprise billing requirements are enforced
Medical Group Management Association wants six months’ notice before additional measures take effect
Cybercriminals using medical devices to hack hospitals
Security experts have been warning health care companies for years that all the connected medical devices are potential vulnerabilities
CVS might be your next boss
CVS plans to rapidly expand into primary care by the end of the year
Health care spending hit $3.07 trillion in 2019
Health spending up 14.3% between 2016 and 2019
25% of people believe harassing public health officials is OK
21% think it’s OK to threaten public health officials over business closures
Physician practices and hospitals see six consecutive months of negative margins
Increase in patient volume and revenue not enough to outweigh the growing cost of care
CMS proposing overhaul of Medicare accountable care organization rules
Attempts to steer more physicians into ACOs are part of the plan
Internists, AAFP endorse health provisions in the Inflation Reduction Act of 2022
American College of Physicians, AAFP backs Affordable Care Act subsidies, drug price negotiations for Medicare
Average data breach now costs record $4.35 million
Most organizations report multiple data breaches
Fed raises interest rates 0.75% for second straight month
The move was expected as the central bank continues to try to rein in inflation