Health care prices in the United States

MediXall.com to Exhibit at HLTH: The Future of Healthcare Conference in Las Vegas

Retrieved on: 
Thursday, October 10, 2019

HLTH is the leading event for innovation in healthcare, expected to attract over 5,000 attendees, 850 pioneering CEOs, and 300 speakers.

Key Points: 
  • HLTH is the leading event for innovation in healthcare, expected to attract over 5,000 attendees, 850 pioneering CEOs, and 300 speakers.
  • It is an unprecedented, large-scale forum for individuals, companies, and policymakers who are reshaping the healthcare industry to learn, collaborate and evolve.
  • By leading the development of a new industry dialogue and ecosystem, HLTHs mission is to drive substantial reductions in healthcare costs and dramatic increases in healthcare quality.
  • This innovative healthcare program connects more than 75 leading healthcare investment firms with the most promising companies in a series of 1:1 meetings.

EdLogics Appoints Former Health Care Executive Robert W. Oberrender to its Board of Advisors

Retrieved on: 
Thursday, October 3, 2019

EdLogics, an innovator in game-based learning dedicated to improving health literacy, today appointed Robert W. Oberrender to its Board of Advisors as its Healthcare Strategy and Financial Advisor.

Key Points: 
  • EdLogics, an innovator in game-based learning dedicated to improving health literacy, today appointed Robert W. Oberrender to its Board of Advisors as its Healthcare Strategy and Financial Advisor.
  • When consumers begin to better understand how to manage their health, we can begin to see better health outcomes and reduce the cost of health care.
  • About EdLogics: EdLogics is a digital health communications company dedicated to transforming the way people learn about health.
  • The EdLogics Platform is utilized by employers, health plans, academic institutions, and communities to improve health literacy, drive positive health behaviors, achieve better health outcomes, and reduce healthcare costs.

New Data Highlights Provider Spending Habits That Impact High Hospital Bills

Retrieved on: 
Tuesday, September 24, 2019

BIRMINGHAM, Ala., Sept. 24, 2019 /PRNewswire/ -- Amidst various initiatives to make healthcare bills less mystifying, educating providers on their spending habits may have a positive impact.

Key Points: 
  • BIRMINGHAM, Ala., Sept. 24, 2019 /PRNewswire/ -- Amidst various initiatives to make healthcare bills less mystifying, educating providers on their spending habits may have a positive impact.
  • The variations stem from costs providers make judgement calls about such as ordering medications, lab tests and radiological exams.
  • It found that health care spending varies even more across individual physicians within the same hospital than it varies across different hospitals.
  • "These spending disparities ultimately impact patient bills and affordability of care, particularly with patients carrying greater responsibility for their healthcare costs in recent years," said G.T.

XARELTO® (rivaroxaban) Reduces Recurrent Blood Clots and Total Medical Costs in Morbidly Obese Patients

Retrieved on: 
Friday, September 20, 2019

Notably, patients taking XARELTO had significantly reduced healthcare resource utilization (HRU) and total medical costs compared to those taking warfarin.

Key Points: 
  • Notably, patients taking XARELTO had significantly reduced healthcare resource utilization (HRU) and total medical costs compared to those taking warfarin.
  • Medical Costs: XARELTO treatment yielded significantly less HRU and total medical costs (hospitalizations, emergency room, outpatient and office visits, skilled nursing facility/long-term care), with similar total healthcare costs (including total medical costs and pharmacy costs) between groups.
  • Average total medical costs PPPY were $2,829 lower with XARELTO compared to warfarin ($34,824 vs. $37,653; p=0.0201), which were mainly driven by hospitalization costs.
  • The on-treatment analysis found no significant differences for recurrent VTE and major bleeding between XARELTO and warfarin, with significantly lower HRU and total medical costs associated with XARELTO.

West Health Institute Supports House Speaker Pelosi's Drug Pricing Plan

Retrieved on: 
Thursday, September 19, 2019

The following is a statement from Shelley Lyford , president and CEO of the Gary and Mary West Health Institute :

Key Points: 
  • The following is a statement from Shelley Lyford , president and CEO of the Gary and Mary West Health Institute :
    We commend Speaker Pelosi and House Democrats for introducing long overdue legislation that takes a meaningful step to ensure Americans, like citizens of other developed countries, have affordable access to life-saving medicines.
  • Prioritizing Medicare negotiation for drug prices as the foundation to lower prescription drug costs simply makes sense.
  • It's time we demand bipartisan action on smart policies that can truly lower costs, and Speaker Pelosi's plan to allow Medicare negotiation is a great start.
  • Solely funded by philanthropists Gary and Mary West, West Health is a family of nonprofit and nonpartisan organizations including the Gary and Mary West Foundation and Gary and Mary West Health Institute in San Diego, and the Gary and Mary West Health Policy Center in Washington, D.C. West Health is dedicated to lowering healthcare costs to enable seniors to successfully age in place with access to high-quality, affordable health and support services that preserve and protect their dignity, quality of life and independence.

HSA Company, Clarity Benefit Solutions, Gives Strategic Advice for Lowering Healthcare Costs

Retrieved on: 
Wednesday, August 28, 2019

NEW YORK, Aug. 28, 2019 /PRNewswire/ -- HSA company , Clarity Benefit Solutions, gives strategic advice for lowering healthcare costs.

Key Points: 
  • NEW YORK, Aug. 28, 2019 /PRNewswire/ -- HSA company , Clarity Benefit Solutions, gives strategic advice for lowering healthcare costs.
  • While some may be tempted to shift these expenses onto their employees, there are ways to reduce costs without taking such drastic measures.
  • These measures allow employers to lower healthcare costs because compliance is more easily maintainedplus less time is spent on time-consuming tasks such as data entry and filing.
  • About Clarity Benefit Solutions: Clarity Benefit Solutions HSA Administrators provides technology that makes the health insurance plan selection process fast, easy, and straightforward.

Healthcare Costs Continue to Soar as Patients Look for a New Kind of Provider Relationship - Industry Analysis by Loyale Healthcare

Retrieved on: 
Wednesday, August 21, 2019

Most of this debate is focused on the shifting responsibility for the payment of these healthcare costs.

Key Points: 
  • Most of this debate is focused on the shifting responsibility for the payment of these healthcare costs.
  • The U.S. was relatively on pace with other countries until the 1980s when health spending began to soar against other countries.
  • The U.S. healthcare system needs bold and innovative solutions, which will provide patients with world-class services at reasonable costs.
  • Loyale Healthcare is committed to a mission of turning patient responsibility into lasting loyalty for its healthcare provider customers.

CashMD Launches Next Generation Healthcare Platform, Bringing Transparency to Healthcare Industry

Retrieved on: 
Thursday, August 15, 2019

Currently, American patients are underserved and frustrated by a healthcare system that leaves them feeling powerless and oftentimes confused.

Key Points: 
  • Currently, American patients are underserved and frustrated by a healthcare system that leaves them feeling powerless and oftentimes confused.
  • "We are pleased to provide a solution to current healthcare system frustrations," said Dr. Denny Brummett, Founder of CashMD.
  • "CashMD is a 'one stop shop' offering pricing that is fair and transparent, offering flexibility and expedience to American patients and the healthcare industry."
  • CashMD, a startup founded in 2017, brings patients and healthcare providers together more effectively and efficiently, by eliminating unnecessary healthcare costs and restrictions.

U.S. Employers Shifting Toward Variable Compensation and Customized Benefits to Hold Annual Salary Increases Below 3 Percent

Retrieved on: 
Tuesday, August 6, 2019

The 2019/2020 Salary Planning Survey Report found nearly four out of 10 (39 percent) organizations now use variable pay for at least one employee group.

Key Points: 
  • The 2019/2020 Salary Planning Survey Report found nearly four out of 10 (39 percent) organizations now use variable pay for at least one employee group.
  • The portion of compensation subject to performance rises from 5 percent for low-level workers to 25 percent for executives.
  • Additionally, more than one out of four (26 percent) employers indicated higher healthcare costs were a primary factor for keeping salary increases in check.
  • As a result, lower salary increases coupled with higher healthcare expenses can have a negative impact on employee retention.

Humana’s Go365® Wellness and Rewards Program Announces Five-Year Impact Study Results

Retrieved on: 
Tuesday, August 6, 2019

(NYSE: HUM), shared results of a study that examined the impact of the program on more than 10,000 participants over five years in the areas of employee health, healthcare cost savings and productivity.

Key Points: 
  • (NYSE: HUM), shared results of a study that examined the impact of the program on more than 10,000 participants over five years in the areas of employee health, healthcare cost savings and productivity.
  • Based on the strength of the findings of the Go365 study in showing that long-term employee participation in our wellness program results in a healthier, more productive work force and reduced healthcare costs, Go365 is a proven partner in realizing these positive outcomes.
  • The impact study assessed data from more than 10,000 Humana employees enrolled in the program over five years.
  • Highlights of Humanas Go365 five-year study include:
    Overall, there was an increase in members who ate healthier foods, exercised more and reduced stress and tobacco use.