Here are five articles recently published by Becker's Hospital Review on price estimates, Medicare payment cuts, cost of joint replacements and more.
1. 14% of 120 hospitals couldn't provide price estimates in 2012. That percentage rose to 44% in 2016
Researchers from the University of Toronto, Boston University School of Medicine and New York City-based Mount Sinai Health Network returned to their 2012 survey of 122 hospitals' ability to provide price information for a hip replacement surgery to compare with the hospitals' performance in 2016.
2. $1.6B in Medicare payment cuts likely to cripple struggling hospitals, S&P says
Medicare payment cuts under the 340B Drug Pricing Program pose a potential financial threat to nonprofit hospitals serving vulnerable patients, according to a report from S&P Global Ratings.
3. World's 10 most expensive places to be hospitalized
Monaco is one of the most expensive places in the world for an uninsured person to be in the hospital for one day, according to research cited in an article on au.finance.yahoo.com.
4. Healthcare spending reduced when people get help with social needs, study finds
Integrating social and medical care has potential financial benefits, including reduced healthcare spending, according to a study published in Population Health Management.
5. Hospitals missing chances to cut cost of hip, knee replacements, analysis finds
Resolving price disparities for hip and knee replacements could potentially save hospitals millions, according to a new analysis from Premier.
More articles on healthcare finance:
$1.6B in Medicare payment cuts likely to cripple struggling hospitals, S&P says
Medicare readmission rates vary widely among BPCI Advanced conditions: 4 takeaways
Senator calls for federal investigation into Missouri hospital's billing practices