Post Content

David Morales, DHCFP Logo

 

Next Monday, November 15, we’ll host our second open consultative session on Chapter 288 of the Acts of 2010 – the small business health care bill.  This time, we’ll be talking about hospital costs and how payments from individual insurance companies figure into a hospital’s bottom line.

The new information will lend transparency and reporting consistency to the ongoing efforts to mitigate health care costs.  With all hospitals on the same page, we’ll be able to compare how resource use differs across the state – from teaching to investing, advertising to charitable contributions.

And for the first time, hospitals will uniformly report the cost of medical management and patient care technology, such as discharge planners and electronic health records. These are necessary advances as we transition to global payments.

We’ll also measure the contribution to hospital profitability of each significant public and private payer at every hospital.  This kind of transparency will be crucial as we examine rising medical costs and contracting practices between payers and providers.

We’d appreciate your thoughts at our forum next Monday.  In particular, we’re interested in getting feedback on the overall approach and the uniform definitions being considered; the definitions for two additional cost categories proposed by the Division; and the methodology for calculating operating margins by payer.

Following the consultative session, the Division plans to propose its hospital cost reporting regulation in November, for adoption in January.

If you are interested in providing comments or learning more about what the Division is considering, please attend the consultative session on Monday, November 15, 2010 at 1:00 p.m. at Two Boylston Street, 5th floor, Boston, MA 02116. Written comments will also be considered and may be submitted to the Division by Friday, November 19, 2010.

Stay with us as we continue our robust, open discussion of improving accountability, coordination, and transparency in the Massachusetts health care system.

Written By:

Recent Posts

Getting to the Root of Some Tasty Vegetables! posted on Sep 29

Getting to the Root of Some Tasty Vegetables!

Fall is in full bloom with its wide selection of root vegetables available to our families! The truth is…these veggies that grow and sprout out of the dirt can be a little intimidating to some of us. They have a thicker skin, longer stems and   …Continue Reading Getting to the Root of Some Tasty Vegetables!

A Community Partnership to Prevent Falls Among Older Adults posted on Sep 24

A Community Partnership to Prevent Falls Among Older Adults

Each year in the United States, one out of every three adults age 65 and over experiences a fall. And in Massachusetts, every 13 minutes (on average) an older adult requires treatment in an emergency room for fall-related injuries. The human toll of these injuries   …Continue Reading A Community Partnership to Prevent Falls Among Older Adults

Declutter Your Space, Declutter Your Mind posted on Sep 24

Declutter Your Space, Declutter Your Mind

It can be hard to let go of things. Your favorite pair of jeans with big holes in the knees, those dusty books that have been on the shelf for years, or your old Beanie Baby collection from when you were a kid, for example.   …Continue Reading Declutter Your Space, Declutter Your Mind