Sunday, January 25, 2015

Healthcare Roundtable Announces March 3rd Program

and FHIcommunications present...

End of Life Care: The Elephant in the Room

One of the least talked about and most formidable issues in healthcare today

The aging US demographic intersects with some sobering statistics. According to a report published in MONEY magazine:

One out of every four Medicare dollars, more than $125 billion, is spent on services for the 5% of beneficiaries in their last year of life. Yet even with Medicare or private insurance, you’re likely to face a big bill: A recent Mount Sinai School of Medicine study found that out-of-pocket expenses for Medicare recipients during the five years before their death averaged about $39,000 for individuals, $51,000 for couples, and up to $66,000 for people with long-term illnesses like Alzheimer’s.

How will we provide compassionate and competent end of life care to our loved ones without going broke?

It’s time to have the conversation about life legacy and end of life alternatives.

Tues., March 3, 2015 | 7:30-9:30 am

Register/Learn More>>

Wednesday, January 14, 2015

Do No Harm?

Written by Florida Health Industry Week in Review   

What Happened. Why it Matters.

In a NY Times blog called TheUpshot, Austin Frakt, pens a post entitled Do No Harm? It May Be Hard to Avoid with Health Law's Medicare Cuts. Mr. Frakt, a health economist and researcher, describes how the ACA is forcing hospitals to cut costs. He warns that research shows cost cutting by health systems has, in the past, resulted in compromised quality.  

Despite the pessimistic title of his January 5th article, Mr. Frakt is enthusiastic about new payment models being implemented by Medicare and some insurers (e.g. Accountable Care Organizations, Bundled Payments) as well as the rapid advances in health IT. He is quite hopeful that heightened productivity will lead to improved quality and simultaneous cost reductions. He points to preliminary research indicating that we are on the right track.

Read More from Week in Review HERE.