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healthcare costs

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]

Highmark’s Care Cost Estimator Looks Promising

September 19, 2013 by David E Williams

Health Costs

The site is similar in concept to a travel website like Orbitz. It allows users to select the type of care they need, and then see an array of provider choices and associated costs. The costs include total costs and out-of-pocket costs that are specific to the member. It claims to incorporate all aspects of the benefit design and benefit use to calculate the actual out-of-pocket costs.[read more]

Tell Your Story: 2013 Costs of Care Essay Contest Is Open!

September 13, 2013 by Neel Shah

Start writing / shutterstock

Do you have a story about a medical bill that was higher than you expected it to be? Or a time when you wanted to know how much a medical test or treatment might cost? How about a time you figured out a way to deliver or receive better care at a lower cost? Now's your chance to share that story with others.[read more]

Business Intelligence and Health Analytics for the Rest of Us

August 23, 2013 by Bill Crounse

health analytics

Business intelligence and clinical analytics (especially predictive analytics) are hot topics in hospital and clinic executive suites these days. And yes, I know these are also topics that cause eyes to glaze over for many of us who work in healthcare, especially clinical staff.[read more]