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Dartmouth researchers develop a new method to transparently measure health care value

Researchers developed a new method to measure healthcare value transparently, combining quality and cost measures. They found that hospitals' ability to deliver high-quality, low-cost care varied across procedures, with those providing the highest-value care having more beds and beds than those providing the lowest-value care.

MD Anderson study identifies significant cost differences between breast cancer chemotherapy regimens

A new study from MD Anderson Cancer Center found substantial variation in costs of breast cancer treatment for different chemotherapy regimens, with insurer costs varying by as much as $20,354. Choosing equally effective but less costly regimens could impact the cost of breast cancer care nationally by $1 billion every year.

Many physicians make lack a firm understanding of the costs of medical tests & procedures

A recent study found that 92.2% of physicians believe doctors should control costs, but only 36.9% have a clear understanding of test and procedure costs. Primary care physicians reported greater awareness of the Choosing Wisely campaign, which aims to identify low-value services.

SourceThe Dartmouth Institute for Health Policy & Clinical Practice·JournalThe American Journal of Managed Care·DateMay 17, 2016

Simulation tool uses FinTech quant techniques and big data to guide best health insurance plan

A new simulator is being developed to help individuals and families select the most suitable health insurance plans based on realistic cost estimates and potential healthcare outcomes. The simulator combines buyer-specific information with bespoke databases, producing transparent output that enables informed decision-making.

Study: Half of parents of uninsured minority children unaware they are Medicaid eligible

Half of uninsured minority children are unaware they're eligible for Medicaid, leading to suboptimal health, special healthcare needs, and financial strain on families. Parents face significant stress and anxiety due to their child's health issues, with many experiencing financial problems and reduced work hours.

SourceMedica Research Institute·JournalInternational Journal for Equity in Health·DateMar 22, 2016

Out-of-hospital births are on the rise

US out-of-hospital birth rates increased to nearly 1.5% of total births in 2014, with non-Hispanic white women experiencing the largest growth. Many women face difficulty accessing insurance coverage for out-of-hospital births, leading to high self-pay rates.

SourceWiley·JournalBirth·DateMar 21, 2016

Many cancer survivors experience financial burdens

A study analyzing US cancer survivor data reveals nearly 29% face financial burden due to cancer diagnosis and treatment. Cancer survivors with financial problems experience lower physical and mental health-related quality of life, higher risk of depressed mood and psychological distress.

SourceWiley·JournalCancer·DateMar 14, 2016

Retail clinics may increase health spending, study finds

A recent study published in Health Affairs found that retail clinic visits may not be as cost-effective as previously thought. The research suggests that the convenience of retail clinics can lead to increased spending on new medical care, outweighing any potential savings from reduced office or emergency department visits.

SourceRAND Corporation·JournalHealth Affairs·DateMar 7, 2016

Unique outpatient clinic prioritizes physician training and expeditious patient care

The Ambulatory Diagnostic and Treatment Center (ADTC) Outpatient Clinic at Boston University School of Medicine emphasizes education alongside patient care, offering complex diagnoses and literature review opportunities. This model aims to reduce costs and readmissions by concentrating health care efforts on unstable patients.

SourceBoston University School of Medicine·JournalAcademic Medicine·DateMar 2, 2016