A retrospective study of data from Ochsner Health explores cost and savings differences between Medicare Advantage and Medicare Shared Savings Program beneficiaries.
Tag: Medicare Costs
New commentary paper highlights costs of defects in surgical care and calls for elimination of defects in value
A commentary, published in the Nov. 3 issue of the journal NEJM Catalyst Innovations in Care Delivery, highlights how defects in surgical care could be diminished or eliminated for the benefit of patients and to lower costs in American health care spending.
Using colorectal surgery to provide examples and national estimates of the costs of defects in surgical care, the paper summarizes a holistic approach to eliminating defects in surgical care and offers a framework for centers of excellence for removing them. The paper estimates that defects in colorectal surgery cost the American health care system more than $12 billion. The authors discuss eight areas (or domains) of defects that waste money and/or contribute to lower value in care for colorectal surgery patients.
Requests for Brand Name Over Generic Prescription Drugs Cost the Medicare Program $1.7 Billion in a Single Year, Study Finds
The Medicare Part D program would have saved $977 million in a single year if all branded prescription drugs requested by prescribing clinicians had been substituted by a generic option, according to a new study by researchers at the Johns Hopkins Bloomberg School of Public Health.