Ann & Robert H. Lurie Children's Hospital of Chicago saw a 15 percent increase in its operating revenue during the first fiscal year after its high-profile relocation, according to a Crain's Chicago Business report.
Care Coordination
It's no secret that healthcare is changing. Traditional fee-for-service payment models are going away in favor of quality-based payment models. However, with this transition comes the challenge of positioning providers for success under these new models.
Leaders of many physician-led accountable care organizations say avoiding hospital stays is critical to their success, according to a Bloomberg Businessweek report.
Brewer, Maine-based Beacon Health, a subsidiary of Eastern Maine Healthcare Systems, and Cigna launched a collaborative accountable care initiative, the payer's version of an accountable care organization, Jan 1.
Hastings, Mich.-based Pennock Health Services has announced plans to build a new hospital and medical arts building, according to a health system news release.
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Horizon Blue Cross Blue Shield of New Jersey launched an accountable care organization Jan. 1 with LHS Health Network, a network of physician practices, hospitals and other healthcare providers affiliated with Lourdes Health System in Camden, N.J.
Certain elements of value-based insurance design plans may lead to higher medication adherence, according to a study published in Health Affairs.
New York Methodist Hospital in the affluent Park Slope neighborhood of Brooklyn has plans to open an outpatient care center next to its main campus, and those plans are creating extreme tension between New York Methodist and its residential neighbors,…
Recently released analyses of Medicare's Pioneer accountable care organizations showed the program gleaned gross savings of $147 million in 2012, the first year of its operation. However, some Pioneers performed much better than others — only nine of the 23…
Blue Cross Blue Shield of Michigan, the largest health insurer in the state, has expanded its pay-for-performance initiative by nailing down value-based reimbursement contracts with 24 hospitals.