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
 
 
MedPac Considers Hospital Cuts PDF Print E-mail
The Medicare Payment Advisory Commission (MedPAC) yesterday discussed reducing the hospital update in 2008.
MedPAC observed that the prospective payment systems currently fail to adequately reimburse for clinical and health information technology. Medicare only reimburses 92 cents on the dollar for beneficiary costs and that nearly two-thirds of hospitals treating Medicare patients are losing money.
 
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