Business

Hospital-Employed Physicians: Same Doctor Visit, Double the Cost

1 Mins read

Hospitals are acquiring physician practices and integrating them into hospital services. The stated goal is to improve care coordination, eliminate duplication of services and boost efficiency. However, Medicare and private insurers pay more for hospital services than the same service if done outside the hospital, such as in a doctor’s office. According to the Wall Street Journal (gated):

Hospitals are acquiring physician practices and integrating them into hospital services. The stated goal is to improve care coordination, eliminate duplication of services and boost efficiency. However, Medicare and private insurers pay more for hospital services than the same service if done outside the hospital, such as in a doctor’s office. According to the Wall Street Journal (gated):

After David Hubbard underwent a routine echocardiogram at his cardiologist’s office last year, he was surprised to learn that the heart scan cost his insurer $1,605. That was more than four times the $373 it paid when the 61-year old optometrist from Reno, Nev., had the same procedure at the same office just six months earlier.

  

Related posts
Business

Essential Guidelines for Maximizing Medical Practice Revenue as Competition Swells

3 Mins read
Running a medical practice has presented a number of new challenges over the last year. There were some practices that were deemed…
BusinessHospital Administration

11 Crucial Hospital Management Tips

3 Mins read
Proper management is the primary key to success in any organization, and the same applies to the hospital management systems. The following…
BusinessHealth carePublic Health

7 Incredibly Important Benefits of Purchasing Health Insurance

3 Mins read
No matter how healthy you are, at some point in your lifetime, you will probably need medical care. Health insurance provides a…