Advanced bundled payment model attracts large hospitals; Healthcare spending dips slightly as percentage of GDP;

News From Around The Web

> Sixty-two hospitals are participating in the most advanced of four models under the Bundled Payments for Care Improvement initiative launched by the Centers for Medicare & Medicaid Services, Becker's Hospital Review reports.  Article

> The private Ludwig Cancer Research foundation has given $540 million in grants to six U.S. cancer research centers, raising the total donated by the foundation for cancer research to $2.5 billion. Article

> A survey of 503 doctors at seven major academic medical centers found that many physicians have no idea what medical devices cost, Kaiser Health News reported. Article

Provider News

> National health spending growth remains low for the fourth consecutive year, according to the Centers for Medicare & Medicaid Services Office of the Actuary. Article

Payer News

> To help policymakers ensure the adequacy of Medicaid provider payments, the U.S. Government Accountability Office  assessed Medicaid fee schedules against claims data and released the results Monday. The GAO study focused on how widely state Medicaid payments vary for the same services, and how closely Medicaid provider payment rates calculated from claims data match rates reported in states' Medicaid fee schedules. Article

And finally … It's a good thing oil and water don't mix. Article