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People prefer 'carrots' to 'sticks' when it comes to healthcare incentives

A study found that policies with higher premiums for overweight individuals are perceived as stigmatizing, while 'carrot' plans with premium reductions for healthy-weight people are seen as more effective. Participants also evaluated plans on moral grounds, deciding that punishing someone for being overweight was wrong regardless of po...

SourceAssociation for Psychological Science·JournalPsychological Science·DateJun 26, 2013

When doctors and patients share in decisions, hospital costs go up

A hospital-based study found that patients who want to participate in their medical decisions end up spending more time in the hospital and raising costs of their hospital stay by an average of $865. The study suggests that encouraging patients to be more involved may not reduce costs, but rather increase length of stay and costs. Prov...

SourceUniversity of Chicago Medical Center·JournalJAMA Internal Medicine·DateMay 27, 2013

Saving money on medical costs

A slowdown in healthcare spending growth could result in Americans saving up to $770 billion on Medicare costs over the next decade. This decrease is attributed to a decline in new drug development and increased efficiency in the healthcare system.

SourceHarvard University·JournalHealth Affairs·DateMay 6, 2013

Analysis: Emergency care cost estimates are too low

A recent analysis published in the Annals of Emergency Medicine found that emergency care cost estimates are too low, with costs ranging from 4.9-5.8% of total healthcare spending. The study suggests that an alternative accounting method, Time-Driven Activity-Based Costing (ABC), could provide a more realistic measure of ED costs.

SourceBrown University·JournalAnnals of Emergency Medicine·DateApr 29, 2013

'Comparison shopping' by doctors saves money

A study at Johns Hopkins Hospital found that providing physicians with upfront price transparency for laboratory tests resulted in a 9% decrease in test orders and significant cost savings. The practice decreased overall use of tests, saving hundreds of thousands of dollars over six months.

SourceJohns Hopkins Medicine·JournalJAMA Internal Medicine·DateApr 15, 2013

Single best practice to prevent DVT reduces hospital costs by more than $1.5 million annually

Researchers at Medstar Health and Georgetown University School of Medicine found that implementing a value-based analysis approach to preventing deep vein thrombosis (DVT) in surgical patients resulted in significant cost savings, with an estimated overall system-wide savings opportunity of $4 million. The study identified limiting the...

SourceAmerican College of Surgeons·JournalJournal of the American College of Surgeons·DateApr 10, 2013

Medical patients aren't bargain hunters

A new study by the USC Schaeffer Center and RAND Corporation found that patients with high deductibles pay roughly the same amount as traditionally insured patients for most outpatient services. The study suggests that lack of transparency about medical costs and patient loyalty to primary care physicians hinder price comparison, leadi...

SourceUniversity of Southern California·JournalForum for Health Economics & Policy·DateApr 3, 2013

UTHealth research: Vermont's health care reform has lessons for other states

Vermont's aggressive health care reform initiatives offer valuable lessons for other states, including engaging stakeholders, coordinating implementation efforts, and capitalizing on federal financing opportunities. The state's centralized administrative board has resulted in lower costs by eliminating duplication of efforts.

SourceUniversity of Texas Health Science Center at Houston·JournalNew England Journal of Medicine·DateApr 3, 2013

UCLA study finds heart failure medications highly cost-effective

A UCLA study found that heart failure medications recommended by national guidelines are highly cost-effective in saving lives and may also provide savings to the healthcare system. The combination of these medical therapies demonstrated the greatest gains in quality-adjusted life years for heart failure patients.

SourceUniversity of California - Los Angeles Health Sciences·JournalJournal of the American College of Cardiology·DateMar 28, 2013

Restrictive Medicaid eligibility criteria associated with higher rates of delayed medical care

Research from Brigham and Women's Hospital finds that states with restrictive Medicaid eligibility criteria have higher rates of patients delaying needed medical care. Regions with the highest rates of delayed medical care are primarily in the southeast, including Florida and Texas, where Hispanics are at a higher risk for delaying care.

SourceBrigham and Women's Hospital·JournalNew England Journal of Medicine·DateMar 27, 2013