Wednesday, July 6, 2016

Here's What Happens To Your Medical Bills When Your Doctor Joins Forces With A Hospital

Dr. Peter Ubel, writing in Forbes on 6.30.16, reports:

For much of the history of U.S. medical care, hospitals and physicians have existed as separate financial entities. Physicians in the U.S. have typically been self-employed, as solo or group practitioners and not as hospital employees. An internist like me might have admitting privileges to several local hospitals...

The U.S. government is trying to change that. The Medicare program is encouraging healthcare providers to consolidate forces into entities like accountable care organizations, in hopes that such integration will increase healthcare efficiency. These hopes exist because some of the most respected healthcare institutions in the country-places like the Kaiser Permanente system and the Mayo Clinic -have long integrated their physicians with hospitals.

Read more in the current issue of Week in Review>> 

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