Tag Archives: pay by performance

Help Contain Healthcare Costs and Get Better and Safer Healthcare

I’ve been thinking a lot about how to contain our skyrocketing healthcare costs. To me it appears that healthcare costs started going up once Medicare was passed into law. Fundamentally, it’s the way Medicare reimburses providers. They use a pay for procedure system that has not fundamentally changed in decades. Insurance companies similarly reimburse by procedure. This type of payment system […]

Share
Continue Reading

Some Drug Makers Are Linking Price to Performance

Yesterday, the NY Times reported that some drug makers will tie drug price to performance (http://www.nytimes.com/2009/04/23/business/23cigna.html?_r=1&scp=1&sq=drug%20price%20for%20performance&st=cse). This is not something new. In countries which have some leverage with big pharma because the government provides nationalized healthcare and has the power to stop payment if the drug doesn’t work well, it is customary to tie price to […]

Share
Continue Reading

Healthcare Reform-Pay For Performance

All the talk of rising healthcare costs and unemployment swelling the ranks of the uninsured has pushed healthcare reform to the top of the to do list. Those of you who are concerned about “socialized” medicine should really try to get that picture out of your minds. You know, the one where hundreds of people […]

Share
Continue Reading

Driving Down Healthcare Costs While Increasing Access to Healthcare

An editorial in the NY Times by Alain Enthoven makes the argument for extending one part of President-elect Obama’s healthcare plan, national health insurance exchange, from a voluntary to a mandatory plan. This would result in real cost reductions because costs would be leveraged by having healthy people enrolled as well those who are sick, who you expect to enroll because they could not qualify for coverage elsewhere. A health insurance […]

Share
Continue Reading