Most Popular Stories
- Hospital finance impacted by hidden provisions of Senate health reform bill
- Most CT scans may be unnecessary
- NC Medicaid program $160M over budget
- Early intervention for autism shown to be effective
- Healthy Choices: Nine Healthcare Bloggers Worth a Click
- Uncompensated care, underpayments to hospitals continue to climb
Featured Jobs
-
Hospitalist Job in Oklahoma
StaffPointe, LLC - Oklahoma City, OK -
Medical Oncologist Job in Indiana
StaffPointe, LLC - Indianapolis, IN -
Dentist Job in Texas
StaffPointe, LLC - Dallas, TX -
Occupational Therapist
Makro Health - Doylestown, PA -
Pediatric Gastroenterologist in California
StaffPointe, LLC - near San Francisco, CA
Events
- Harvard Business School 7th Healthcare Conference
January 30, 2010
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 | Women in Health IT | 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 50,000+ 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
- health reform
- prescription drugs
- 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
- Sutter nurses threaten to strike
- MA may limit Boston metro hospital expansion
- Survey: Hospital execs give health plans low marks
- BCBS rolls out data mining program
- Keeping control of pricing data
- Claims, billing costs eat third of healthcare dollars
- 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. |
![]() |





