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healthcare costs

A Business Approach To Reducing Healthcare Costs

February 1, 2016 by Stephen Schimpff

“Helping employees improve their health is right for the company’s bottom line and is doing right by our employees. Healthier employees are happier, demonstrate less absenteeism and presenteesism, and are more productive. This is a win for everyone involved.” Quoted from John Torinus, Jr., in The Grassroots Healthcare Revolution.[read more]

Direct Primary Care – Isn’t It Too Expensive?

December 15, 2015 by Stephen Schimpff

A common criticism of direct primary care (membership/retainer/concierge practices) is the added expense – “isn’t it too expensive?” Ways to think about the cost are to prioritize expenditures and to consider potential savings that make it cost effective.[read more]


The Healthcare Costs Associated with Alcohol Addiction

November 16, 2015 by Viatcheslav Wlassoff

For most people, alcohol is a social drug – used in moderation. There are even studies that show that light alcohol consumption can have health benefits for certain populations. However, there are those for whom alcohol is an addiction. And it's costly.[read more]

High-Deductible Insurance and Rising Bad Debt

July 24, 2015 by Phil C. Solomon

Hospitals and physician groups are carefully watching the growing popularity of high-deductible health plans (HDHP) which result in patients taking on more of a financial responsibility for their healthcare. With the out-of-pocket costs for patients increasing due to the popularity of HDHPs, and with so few purchasers taking advantage of savings plans, the risk of bad debt and charity care increases for healthcare providers.[read more]


Four Life-Changing Ways To Keep Medical Costs Down

July 21, 2015 by Nik Donovic

It's no secret that medical costs in the United States are quite high. Here are four ways to keep costs down as much as possible.[read more]

Obamacare Subsidies Continue, Court Rules. Now Let’s Get to Work.

June 30, 2015 by Jeanne Pinder

The Affordable Care Act’s health insurance subsidies to low-income people will continue, the Supreme Court ruled. Now that we have that behind us, let’s focus on the important questions of costs — or charges, or prices, or all three — and effectiveness.The Supreme Court ruling marks the end of one chapter and the beginning of another one. There’s work to do to fix the system. Transparent markets benefit consumers. It’s time.[read more]

Hospital Selfies and Stars: Patients Look Deeper Than HCAHPS

June 9, 2015 by Lonnie Hirsch

There’s a New Consumer in your service area. No longer “merely a patient,” healthcare reform and societal dynamics have empowered a new breed of high-expectation consumers and value-aware shoppers. Before they select a hospital or provider—for themselves or family members—they are increasingly informed about outcomes, reputation, safety scores, patient experience and the cost of care.[read more]

Bonuses for Broccoli

June 4, 2015 by Christine Kapsa, NP, DNP

What can be done with the $28.5 billion in bonuses Wall Street employees received last year? How about insurance for over ten million low income Americans? How about stocking the fridges of 4.2 million families with fresh veggies and healthy produce for one year?[read more]

The Costs of Being a Patient and a Doctor

November 2, 2013 by Jane Liu

Medical bills / shutterstock

A medical bill can easily leave a family bankrupt, regardless of the quality or efficacy of the care received. Cures may not be guaranteed, but at the very least, financial information regarding standard procedures should be made available to help patients decide which treatments or diagnostic tests to pursue.[read more]

India's Secret to Low-Cost Health Care

Low-cost healthcare in India

A renowned Indian heart surgeon is currently building a 2,000-bed, internationally accredited “health city” in the Cayman Islands, a short flight from the U.S. Its services will include tertiary care procedures, such as open-heart surgery, angioplasty, knee or hip replacement, and neurosurgery for about 40% of U.S. prices.[read more]

Top 10 Ways to Prevent Healthcare Financial Disaster

October 8, 2013 by Gabe Sullivan

medical bankruptcy / shutterstock

Health costs are one of the greatest financial burdens our country faces today and will continue to face in the coming years. At Costs of Care, we have developed ten lessons to assist patients and reduce the financial risk associated with receiving care.[read more]

Getting Real About Health Care Value

health care value / shutterstock

To some observers, putting value at the forefront of health care reform may seem obvious and non-controversial. Who can be against it? To use an American cliché, it seems a little like motherhood and apple pie: comfortable and widely endorsed. But the value movement could be much more than that.[read more]