The Stead Health Group, Inc.

WELCOME TO THE STEAD HEALTH GROUP
The Stead Health Group has expertise in Health Care Communication Transformations, Operations Improvement, Strategic Planning and Positioning, Financial Analysis and Turnaround, Program and Service Line Development, Facility Planning and Development. We apply strategy, customized to each client, resulting in tangible, bottom-line financial improvements.

Newsflash

Medicare Payment Advisory Commission (MedPAC) announced that there was a $800M decrease in Part B spending in 2005 as compared to 2004. They attribute this to a shift to an Average Sales Price payment system for physician-administered pharmaceuticals, coupled with declining prescription volumes. One concern raised in their report is that fewer patients have supplemental coverage, particularly in hospital cancer programs. MedPAC report, January 2007

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PQRI Information at PQRI.info ASP Payment decreased Part B Costs by $800M CMS extends Medicare participation decision date Physician's Medicare Payments Will Decrease MedPac Considers Hospital Cuts

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Insurers Demand Preauthorizing Scans

Diagnostic-imaging scans are the fastest growing healthcare procedure. Now, Insureres are demanding that they review and agree prior to performance of the scan.
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New Safe Harbors for IT Sharing

HHS announced new federal regulations that will allow hospitals and some other organizations to donate e-prescribing and electronic health records technology and support services to physicians
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CMS Will Phase-In new DRG System

The CMS said it will phase in a new weighting system for inpatient diagnosis-related groups over three years rather than fully convert to the cost-based system in 2007 as previously proposed. About 2% of hospitals will see their payments fall as a result of the new weighting system.
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Healthcare Quality Leaders Join Forces

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