Home arrow News arrow Latest arrow Gainsharing Savings from Negotiated Leverage
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
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.
 
 
Gainsharing Savings from Negotiated Leverage PDF Print E-mail
According to a study by Arizona State Univesity, gainsharing programs tend to generate savings by maxiimizing the negotiating leverage derived from physician participation. A review of six gainsharing partnerships that were approved by the HHS's Office of the Inspector General (OIG), found that the agreements prompted physicians to speak and negotiate directly with vendors for lower device costs, but did not cause behavioral changes such as limiting the wastage of disposalbe products. In order to realize sustainable savings, gainsharing must address behavioral changes in physicians that reduced per-procedure cost.
 
< Prev   Next >
 
Top!