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A program called ACE that specializes in taking care of older patients in hospitals could save $6 billion in Medicare dollars annually. The program is being piloted in 200 hospitals across the nation and is shown to work. Researchers from University of California, San Francisco (UCSF) say the Medicare health budget is rising quickly. If hospitals would invest in the program, the return in cost savings would be 5-fold.
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Whenever you touch a keypad on an ATM machine, credit card reader, or pay phone, you are getting more than what you came for: lots of germs.
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According to a new study released on January 11 by the U.S. Agency for Healthcare Research and Quality (AHRQ), a mere 1% of Americans accounted for 22% of healthcare costs in 2009. Thus, each individual in that 1% group consumed about $90,000 healthcare dollars.
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A person with diabetes spends over $4,000 more a year in medical expenses than those without the condition. However, the financial hits do not end there. A new study quantifies the non-medical costs of the disease, which includes lower lifetime earnings and fewer job prospects than their healthy peers.
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The struggling economy and record number of layoffs and home foreclosures are some of the most predominant reasons for a notable increase in the use of antidepressant drugs. A new report from the Centers for Disease Control and Prevention show that Prozac, Paxil, and similar drug prescriptions have increased by 400%, particularly among women.
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Routine screening of patients in the ICU for a common but serious infection called methicillin-resistant Staphylococcus aureus (MRSA) could save hospitals up to 500 dollars per hospital admission, according to a study published in the February edition of the American Journal of Infection Control.
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It appears that water bottles and food cans are not the only places you can find the hormone-disrupting chemical bisphenol-A (BPA). A new study warns that paper money may be contaminated with the substance as well. But the money in your wallet may be harboring more than BPA.
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A health insurance claim is a bill for services that your health care provider turns in to the insurance company for payment. Errors on the documentation can result in denial of the claim and non-payment to the doctor. According to a new report presented at the American Medical Association’s annual meeting in Chicago, one in five of these medical claims is processed inaccurately, costing the healthcare system $15 billion.
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According to a new report published by the PricewaterhouseCoopers LLP (PWC) Health Research Institute, employers across the nations can expect medical costs to increase by 9% in 2011. As a result, about two-thirds of companies intend to expand or improve wellness programs in an effort to reduce preventable medical conditions related to those expanding costs.
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A new census released by America’s Health Insurance Plans (AHIP) has found that ten million Americans are now using a Health Savings Account (HSA), an increase of 25% since last year. With upcoming changes likely to most insurance plans due to the health care reform law, will an HSA benefit you?
