Re: Affordable Care Act (AKA Obamacare)
Posted: October 23 15, 12:20 pm
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The plan hinged on ending fee-for-service payments to hospitals and moving to something called global budgeting. Instead of being paid per admission, hospitals would get a set amount of money for the entire year for patient care, regardless of how many MRI tests, ER visits or hip replacements there were.
At the end of the year, if there was money left over, the hospitals could keep it.
"Whereas before, hospitals could really only make money by keeping their beds filled, now they can actually do better if their community is healthier and they're preventing admissions," Sharfstein says.
The state tested the approach in 10 rural hospitals.
Those hospitals had to think in a new way about how to serve people outside their wards and ERs. The hospitals hired care coordinators to check with patients after they were discharged to make sure they were taking their medications and eating right, for example.
Some hospitals created primary care centers in their communities, so patients had an easier way to see a doctor instead of making repeated trips to the emergency room. The hospitals also looked to partner with community groups working on issues as basic as housing.
The pilot worked, and in January 2014, after 18 months of negotiations between Maryland and the federal authorities, global budgeting went statewide.
It was voluntary for hospitals, but within six months every hospital in the state had signed up.
Now, nearly two years into the five-year agreement, the Centers for Medicare and Medicaid Services says that hospitals are well on track to hit targets. Under the deal, Maryland has to save $330 million for Medicare over five years and reduce hospital readmission rates all while improving the overall health of residents.
That is good news we can use.Joe Shlabotnik wrote:Maryland does away with fee-for-service hospitals. Quality of care rises, costs go down and hospitals like it.
The plan hinged on ending fee-for-service payments to hospitals and moving to something called global budgeting. Instead of being paid per admission, hospitals would get a set amount of money for the entire year for patient care, regardless of how many MRI tests, ER visits or hip replacements there were.
At the end of the year, if there was money left over, the hospitals could keep it.
"Whereas before, hospitals could really only make money by keeping their beds filled, now they can actually do better if their community is healthier and they're preventing admissions," Sharfstein says.
The state tested the approach in 10 rural hospitals.
Those hospitals had to think in a new way about how to serve people outside their wards and ERs. The hospitals hired care coordinators to check with patients after they were discharged to make sure they were taking their medications and eating right, for example.
Some hospitals created primary care centers in their communities, so patients had an easier way to see a doctor instead of making repeated trips to the emergency room. The hospitals also looked to partner with community groups working on issues as basic as housing.
The pilot worked, and in January 2014, after 18 months of negotiations between Maryland and the federal authorities, global budgeting went statewide.
It was voluntary for hospitals, but within six months every hospital in the state had signed up.
Now, nearly two years into the five-year agreement, the Centers for Medicare and Medicaid Services says that hospitals are well on track to hit targets. Under the deal, Maryland has to save $330 million for Medicare over five years and reduce hospital readmission rates all while improving the overall health of residents.
I have an HDHP through my company and thankfully am healthy enough that I rarely ever go see a doctor. In the event I do have a major injury or something that requires a gigantic medical bill, I have enough in my HSA to cover my max out-of-pocket for the year. My premiums are like $6/paycheck.Jocephus wrote:im paying ~30 a month