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Stead Health Group Services |
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The Stead Health Group works with health care providers, payers and life science companies to help improve their strategic, operational and financial performance. Clients look to us for our extensive healthcare industry expertise and results orientation. The Stead Health Group has experience with hospitals, health systems, physician practices, health plans, managed care organizations, pharmaceutical companies, medical device manufacturers, state and federal government agencies. |
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Ortho Implants Devour Profits |
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As the cost of orthopedic implants "devours an ever-higher share" of hospital reimbursement, growing awareness of the pricing disparities for orthopedic devices could pose "a major threat" to the device industry. Orthopedic device makers historically have had enough bargaining power to raise prices for their products by an average of 8% per year, with prices varying widely from one hospital to another. However, as more hospitals become aware of the pricing disparities, the increases are slowing, with one analyst predicting stagnant or even declining prices in the next several years. |
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Dallas-based Tenet Healthcare announced an agreement with the U.S. Department of Justice to pay $725 million over the next four years to settle allegations that it sought inappropriate Medicare outlier payments between 2000 and 2002.
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