The American health care system is sick, and it's up to the business community to nurse it back to health, the U.S. Chamber of Commerce says.
In a speech to the World Health Care Congress on Tuesday, U.S. Chamber President and CEO Thomas Donohue said rising health care costs should be a priority for company leaders -- and not left to middle managers to resolve.
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Stressing the need for all health care providers to join in the effort to make price and quality information easily available to consumers, Alegent Health CEO Wayne Sensor unveiled a regional model for pricing transparency at the 3rd Annual World Health Care Congress in Washington, D.C.
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Dollar for dollar, Alegent Health officials say, they don’t expect any immediate savings from the new slate of consumer-driven health care options being offered to their employees.
Instead, the focus was on providing employees with more choices, greater control and incentives to make good decisions that will improve their health and potentially hold the line on costs down the road, according to Wayne Sensor, Alegent Health CEO. Alegent Health employees embraced their new choices, control and consumerism overwhelmingly, with 79% of employees choosing a consumer-driven option as their health plan.
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dbMotion Inc., a provider of Web-based data-sharing technology that helps
facilitate regional health information organizations and networks (RHIOs and HINs), and Ness Technologies,
Inc. (NASDAQ: NSTC), a global provider of information technology (IT) services and solutions, today
announced that Leiden University Medical Center (LUMC), one of the leading academic medical centers in the
Netherlands, will utilize the dbMotion Solution as the platform for a newly-formed Health Information Network
(HIN) initially targeted at improving care for geriatric patients. Ness Technologies will serve as the prime
contractor for the project. The announcement was made at the Healthcare Information and Management
Systems Society (HIMSS) annual conference in San Diego.
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Good evening. I’m very happy to be here, but wondering what I will say because
everything I’m supposed to say about the Grameen Bank is right in front of you, in these
booklets. But I thought I would just say a few words about the background and how we
got involved with it. You’re probably wondering, as I am, what I’m doing at a healthcare
convention.
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CEO John Mackey speaks on Whole Foods Market’s Consumer-Driven Health Plan. Hear Whole Foods Market CEO John Mackey explain why and how he shifted his company to a Consumer-Driver Health Plan. A special Powerframe presentation with accompanying data-rich slides.
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The U.S. healthcare payments market is growing at
a rapid pace – reaching an estimated $2.7 trillion,
as a total of both payer and consumer payments.1
However, administrative costs are estimated to
consume 25 to 40 cents of every dollar spent in
the healthcare industry.2 These costs are poised to
increase as changes due to reform and consumerism
reshape the healthcare payments industry at a
staggering pace.
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1 January 1900
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Hartford Courant Business & Economics
By now we’ve all heard stories of hospitals charging hundreds of dollars for an aspirin pill or a bandage, part of the screwy world of medical cost allocation that includes list prices almost no one pays, based on made-up numbers.
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The Accenture Institute for Health & Public Service Value designed the 2010 Accenture Citizen Experience Study to explore respondents’ perceptions of the importance of government action in helping improve the quality of their health and health care, and their experience of how well government is performing as such.
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Presidential Elect Barak Obama’s “No. 2 Priority,” the health care system is expected to be a costly reform. When coupled with the $700 billion committed to rescuing banks, President Obama may find the burden of these two conflicting expenditures a major setback in completing health care reform in his first term. Paul H. Keckley, Ph.D., offers his insights into these issues and more on the upcoming administration’s challenges in enacting health care reform.
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