Navigation Links
Global Budget Payment Model lowers medical spending, improves quality
Date:7/11/2012

ystem," said Michael Chernew, professor of health care policy at Harvard Medical School and senior author on the study. "It is likely that this type of new payment model will grow rapidly in coming years in the nation as a whole, and particularly in Massachusetts. By analyzing this program, we're studying the future before it gets here."

"Both challenges and opportunities lie ahead," said Zirui Song, a student at Harvard Medical School and recent graduate of the Harvard PhD Program in Health Policy, and lead author on the study. "With global budgets, provider organizations must divide not only dollars, but authority and autonomy among its member physicians and hospitals. While this transition is likely challenging, it represents a real opportunity to align incentives to coordinate care and keep patients healthy. The AQC teaches us that a successful start is possible, and that supportive payer-provider partnerships are critical."

These findings will be published July 11 in the journal Health Affairs.

In 2009, Blue Cross Blue Shield of Massachusetts launched the Alternalitve Quality Contract. In addition to the global budget, participating groups were also eligible for bonuses if they met certain quality or financial targets. Conversely, groups took on financial risk for any spending over the budget.

Initially seven groups entered the program, followed by four more in 2010. Last year, Song, Chernew and colleagues analyzed data from the program's first year and published the findings in the New England Journal of Medicine.

While the first year analysis also demonstrated reduced spending with increased quality of care, the numbers were even more striking for the second year. Overall savings in year one were 1.9 percent, as opposed to 3.3 percent in year two.

For both years, reduced spending was attributed largely to physicians referring patients to lower-cost facilities. For the second year, lower
'/>"/>

Contact: David Cameron
david_cameron@hms.harvard.edu
617-432-0441
Harvard Medical School
Source:Eurekalert

Page: 1 2 3 4

Related medicine news :

1. High-level commission finds an epidemic of bad laws is stifling the global AIDS response
2. Dr. Prabhat Jha, global health researcher, appointed to Order of Canada
3. EP Global Communications, Inc. Achieves Shareholder Approval for Restructuring and Signs Definitive Restructuring Agreement
4. The Law Office of Wolf & Pravato, The Alters Firm and Morelli Ratner File Class Action Lawsuit Against Global Spray Foam Manufacturer
5. Global Energy Assessment identifies pathways to a sustainable energy future
6. Save the Children report shows global health funding often ignores newborn babies
7. World Health Assembly endorses new plan to increase global access to vaccines
8. Global Cassava Partnership for the 21st Century (GCP21)
9. 2 Grand Challenges Explorations grants for global health
10. New global report says US lags behind 130 other nations in preterm birth rate
11. New study identifies how information technology is used to solve global health challenges
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/28/2015)... (PRWEB) March 28, 2015 An article ... problem which could prove critical to organizations that deal ... a critical aspect of data security, is worsening . ... data security report, every major category out of the ... penetration testing. “With all the craziness that has gone ...
(Date:3/28/2015)... (PRWEB) March 28, 2015 How best ... a growing field in orthopaedic medicine. While diagnostic hip ... to confirm the pain etiology, research presented today at ... ) Specialty Day suggests that pain relief from this ... hip surgery. , “Our study looked to assess ...
(Date:3/28/2015)... Francisco, California (PRWEB) March 28, 2015 Andrew ... for original 1960's Who psychedelic concert posters. The Who and ... New York on August 2, 1968. According to Hawley, “The ... playing many concert halls and college campuses. Perhaps the most ... performance with Jim Morrison and the Doors on August 2, ...
(Date:3/28/2015)... (PRWEB) March 28, 2015 The ... method of sustainable health. After 18 years of research ... including professional UFC contenders, Dr. Jon Petrick is excited ... , Just some of the immediate benefits of this ... vitality, increased levels of strength of the immune system, ...
(Date:3/28/2015)... (PRWEB) March 28, 2015 Servpro ... , this week released a report about the link ... of asthma sufferers, and according to recent medical research, ... , According to the Environmental Protection Agency, people with ... reactions. Breathing in mold may trigger asthma attacks for ...
Breaking Medicine News(10 mins):Health News:Businesses Dealing With PCI Falling Short On Regular Vulnerability Scans and Pen Testing 2Health News:Businesses Dealing With PCI Falling Short On Regular Vulnerability Scans and Pen Testing 3Health News:Businesses Dealing With PCI Falling Short On Regular Vulnerability Scans and Pen Testing 4Health News:Pain Injections for Hip Arthroscopy Patients May Not Predict Surgical Outcomes 2Health News:Avid Collector from Vintage Rock Posters, Inc. Announces His Search For Original 1960's Who Psychedelic Concert Posters. 2Health News:Celebrity Chiropractor Jon Petrick to Release Sustainable Health System this Summer 2Health News:Water Damage Restoration Specialists Servpro of Paso Robles Release Report on Mold and Asthma 2Health News:Water Damage Restoration Specialists Servpro of Paso Robles Release Report on Mold and Asthma 3
... TXStudents, perceptions of their overall experience on campus may ... research has also found a solid relationship between undergraduates, ... quality of life. Are campus green spaces as important ... new study investigating this question revealed some interesting insights. ...
... rule out men who don,t need treatment , MONDAY, ... the standard prostate cancer test can help improve predictions ... report. , The basic test measures blood levels of ... cells. But the standard PSA test cannot distinguish between ...
... 1st Plumbing ... Austin, Texas. The Easy Water system is a revolutionary alternative to salt-based water softeners. The ... your water, without them resulting in hard water buildup. , ... Austin, Texas -- 1st Plumbing Services has been selected as ...
... observational studies show an increased risk for cancer among ... may be worse than currently known. "As ... to see the current disparity in knowledge and outcomes ... of the Institute for Health Promotion Research at the ...
... lung cancer clinical trial to guide targeted therapies to ... a step toward personalized care and more effective, efficient ... during the American Association for Cancer Research 101st Annual ... M. D. Anderson Cancer Center presented the results of ...
... black children in kindergarten, first grade , MONDAY, April ... urban elementary school children, U.S. researchers report. , They ... 44 schools across the bi-state Kansas City metropolitan area, ... with the fungus ( T. tonsurans ) that causes ...
Cached Medicine News:Health News:Campus green space more important for undergrads 2Health News:New Test May Predict Prostate Cancer's Aggressiveness 2Health News:New Test May Predict Prostate Cancer's Aggressiveness 3Health News:1st Plumbing Services Selected to be Exclusive Dealer in Austin, Texas for Installation of Easy Water No-Salt Water Conditioning System 2Health News:1st Plumbing Services Selected to be Exclusive Dealer in Austin, Texas for Installation of Easy Water No-Salt Water Conditioning System 3Health News:Cancer health disparities research highlighted at AACR 101st Annual Meeting 2010 2Health News:Cancer health disparities research highlighted at AACR 101st Annual Meeting 2010 3Health News:Cancer health disparities research highlighted at AACR 101st Annual Meeting 2010 4Health News:Cancer health disparities research highlighted at AACR 101st Annual Meeting 2010 5Health News:Cancer health disparities research highlighted at AACR 101st Annual Meeting 2010 6Health News:Cancer health disparities research highlighted at AACR 101st Annual Meeting 2010 7Health News:BATTLE links potential biomarkers to drugs for lung cancer 2Health News:BATTLE links potential biomarkers to drugs for lung cancer 3Health News:BATTLE links potential biomarkers to drugs for lung cancer 4Health News:Resistant Ringworm Common in Urban Elementary Schools 2
(Date:3/27/2015)... According to a new market research report ... Ablation Catheter (Cryoablation, RF, Microwave), Lab Devices (Mapping, Recording, ... Global Forecasts to 2019 ", published by MarketsandMarkets, the Electrophysiology ... by 2019 with a CAGR of around 10.3% during ... Browse   90   ma rket data T ...
(Date:3/27/2015)... Calif. , March 27, 2015 The ... life of myeloma patients while working toward prevention and ... (D-NY) for introducing a federal resolution (H. Res. ... March 2015 as "National Multiple Myeloma Awareness Month." ... with myeloma worldwide, and more than 110,000 new cases ...
(Date:3/27/2015)... , March 27, 2015  RXi ... privately-held MirImmune LLC, today announced that they ... to RXi,s novel and proprietary sd-rxRNA® technology ... immunotherapies. The collaboration has the potential to ... friendly cancer treatments that could be a ...
Breaking Medicine Technology:Electrophysiology (EP) Market Worth $4.73 Billion by 2019 2Electrophysiology (EP) Market Worth $4.73 Billion by 2019 3Electrophysiology (EP) Market Worth $4.73 Billion by 2019 4The International Myeloma Foundation (IMF) Secures the Introduction of a Federal Resolution Recognizing March 2015 as "National Multiple Myeloma Awareness Month" 2RXi Pharmaceuticals and MirImmune LLC Enter into an Exclusive Licensing Agreement for RXi's Self-Delivering RNAi (sd-rxRNA) Technology to Develop Cell-based Immunotherapies to Treat Cancer 2RXi Pharmaceuticals and MirImmune LLC Enter into an Exclusive Licensing Agreement for RXi's Self-Delivering RNAi (sd-rxRNA) Technology to Develop Cell-based Immunotherapies to Treat Cancer 3RXi Pharmaceuticals and MirImmune LLC Enter into an Exclusive Licensing Agreement for RXi's Self-Delivering RNAi (sd-rxRNA) Technology to Develop Cell-based Immunotherapies to Treat Cancer 4RXi Pharmaceuticals and MirImmune LLC Enter into an Exclusive Licensing Agreement for RXi's Self-Delivering RNAi (sd-rxRNA) Technology to Develop Cell-based Immunotherapies to Treat Cancer 5
... ImQuest scientists Robert,W. Buckheit, Jr., Ph.D. and ... performed with products licensed by ImQuest Life Sciences, ... held in New,Delhi, India and attended by microbicide ... Dr. Buckheit was invited to speak by the,Conference ...
... arrangement between two leading non-profit research,institutes designed to ... affects 30,000 Americans, CAMBRIDGE, Mass., April 8, ... today announced it has entered into,an agreement with ... Wash.,for in situ hybridization (ISH) services using diseased ...
Cached Medicine Technology:ImQuest Scientists Present Important HIV Microbicide Development Results at Microbicides 2008 in Delhi, India 2ALS Therapy Development Institute Signs Collaboration Agreement with the Allen Institute for Brain Science 2ALS Therapy Development Institute Signs Collaboration Agreement with the Allen Institute for Brain Science 3
... Growth Stimulators are portable, battery-powered medical devices ... of an established nonunion fracture acquired secondary ... bones. , ,Clinical studies ... of 60.7% in patients with nonunions that ...
... The Pulsed ElectroMagnetic Field (PEMF) bone growth ... nonsurgical option for long bone and small ... a cast, orthopedic brace, or clothing without ... need in one compact, lightweight unit including ...
... screws have a spiral tip ... Screws are available in three ... are supplied sterile, complete with ... dia. (screws are packaged with ...
Guardsman Femoral Interference Screw is specifically designed for endoscopic femoral fixation where graft protection is needed....
Medicine Products: