Most Popular Stories
- CVS Caremark reports lost deals, FTC investigation
- Illegal-immigrant issues may threaten passage of House reform bill
- Pharmacists say PBMs are holding up Tamiflu supply
- Nurses in ICUs get worse sleep, may make more errors
- International study finds U.S. behind in access, quality
- One third of U.S. healthcare costs are due to by errors, poor communication
Featured Jobs
-
Perinatologist Job in Tennessee
StaffPointe, LLC - Memphis, TN -
Pediatric Job in Iowa
StaffPointe, LLC - Davenport, IA -
IM or FP Job for New Mexico
StaffPointe, LLC - southwest, NM -
Director of Infection Control Job in VA
StaffPointe, LLC - central, VA -
Research Manager Job in New York
StaffPointe, LLC - New York City, NY
Events
- Mobile Healthcare Industry Summit
1-2 Dec 09 — London - Security Audits: Is Your Organization Prepared and In Compliance?
Dec.3 at 12 pm CT - IHI's 21st Annual National Forum on Quality Improvement in Health Care
December 6-9 — Orlando, FL
Paid Research Reports
- Pricing and Reimbursement in Key Asia Pacific Markets
- Delivery Mechanisms for Large Molecule Drugs: Successes and failures of leading technologies and key drivers for market success
- The Cardiovascular Market Outlook to 2013: Competitive landscape, global market analysis and pipeline analysis
- Intellectual Property and Outsourcing in China: Minimizing risk whilst maximizing return on investment
- Health Care Equipment & Supplies: Global Industry Guide
- 2009 Trends to Watch: Healthcare Technology
FEATURES >> YouTube | Top acute-care hospitals | Hospital Fires | Top BlackBerry Apps | Commentary
TOPICS >> Stimulus | Health Reform | CMS News | Finance | EMRs | Mobile Healthcare | Hospital Leadership Blog
Free Newsletter
FierceHealthcare is the leading source of healthcare management news for healthcare industry executives. Join 46,000+ healthcare industry insiders who get FierceHealthcare via daily email. Sign up today!
Popular Topics
- Medicare
- health plans
- Centers for Medicare and Medicaid Services (CMS)
- Insurance
- Electronic Medical Records (EMRs)
- Food and Drug Administration (FDA)
- Department of Health and Human Services (HHS)
- Medicaid
- American Medical Association (AMA)
- healthcare system
- prescription drugs
- health reform
- pharmaceutical companies
Geisinger offers flat-fee surgery package
Geisinger Health System is seeing some success with an intriguing experiment in packaging up services at a flat fee. Following a model pushed by proponents of "value-driven" healthcare, Geisinger has established a flat fee for some surgeries that includes not only follow-up care, but also treatment for any complications that arise. The program, which focuses on elective heart bypass surgery, has been in place since February 2006. To make sure they didn't end up providing lots of extra care, Geisinger doctors identified 40 essential steps to follow, then set up procedures to make sure everyone followed the steps at all of the system's three hospitals. Over time, Geisinger has found that patients are less likely to return to the ICU, spend fewer days as inpatients and are more likely to return home rather than to a nursing facility.
Interestingly, despite the potential for cost savings, Geisinger hasn't found insurers willing to take the deal just yet, other than its own captive insurance unit serving 210,000 Pennsylvanians. (Perhaps the package deal isn't priced aggressively enough.) Insurance execs have told Geisinger that the program won't appeal to them unless it adds a total of five to 10 high-ticket procedures to the package program. Otherwise, the package deals don't affect enough beneficiaries to make the program worth their while, health plans say.
To find out more about this initiative:
- read this New York Times article (reg. req.)
Related Articles:
Employers back value-driven healthcare. Report
What is a value-driven healthcare system? Report
Related Stories
- Claims, billing costs eat third of healthcare dollars
- Keeping control of pricing data
- BCBS rolls out data mining program
- MA may limit Boston metro hospital expansion
- Survey: Hospital execs give health plans low marks
- Sutter nurses threaten to strike
- California officials plan PPO 'report card'
- If costly drugs don't work, prices go down
- Case study: Nurses offer cross-language care
- Critics doubt benefit of posting hospital prices online
Comments
Post new comment
Home
| Subscribe | Advertise | Mobile Edition | RSS |
Privacy
| Site Map | List in Marketplace | Supplier MarketplaceTHE FIERCEMARKETS NETWORKFierceFinance | FierceFinanceIT | FierceComplianceIT | FierceHealthcare | FierceHealthFinance | FierceHealthIT | Hospital Impact | FierceMobileHealthcare | FierceCIO | FierceCIO:TechWatch | FierceContentManagement | FierceMobileIT | FierceGovernmentIT | FierceBiotech | FierceBiotech Research | FiercePharma | FierceVaccines | FierceBiotechIT | FiercePharma Manufacturing | FierceIPTV | FierceOnlineVideo | FierceTelecom | FierceVoIP | FierceBroadbandWireless | FierceDeveloper | FierceMobileContent | FierceWireless | FierceWireless:Europe© 2009 FierceMarkets, Inc. All rights reserved. |
![]() |





