Price transparency in health care seems pretty straight forward. Bring attention to pricing. Allow patients and competitors to more clearly see pricing. Drive down prices. It usually works. Industries that are largely based on retail sales or driven by commodity markets have a quick consumer response time. These are considered elastic markets. If a product
Several years ago, we met Andy Davidson when he was CEO of the Oregon Association of Hospitals and Health Systems. We quickly took to his wit and insight as an industry leader. He since retired and launched Hummingbird Hill Advisors, providing counsel and insight to boards and executive leaders to ensure fulfillment of their stated
Politics is a science. You can demonstrate that you are right and that others are wrong. Jean Paul Sartre But, even with science, there are skeptics and nonbelievers. (See vaccines, the moon landing and flat earth). And in the case of complex political and policy issues like all of those governing health care, you can’t
Yesterday’s announcement from CMS that it intends to subject hospitals’ Medicaid supplemental payments to increased scrutiny should raise alarm bells in hospitals of all sizes across the country. And, for hospitals in Texas, Kansas, Louisiana, Tennessee and New Hampshire where Medicaid supplemental payments constitute more than three-quarters of total Medicaid payments, the level of concern
The 2020 General Election is less than a year away. That means that shortly thereafter, bill filing will begin for the 87th Texas Legislature, and legislators will be busy tending to promises made during campaigns. Is your organization doing everything it needs to in this critical year to maximize advocacy efforts and ensure legislative successes
With apologies to Kermit the Frog, it’s not easy being a hospital. The obvious challenges exist. Insufficient payments, physician relations, staffing turnover and payer negotiations. Now, major new threats have emerged that are not operational or financial in nature but are the direct result of hospitals’ reluctance to engage in forthright communications about complex issues.
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