How Private Equity is Raising Health Care Costs for Americans

October 12, 2021Garrett SchmittNo Commentsequity, health care costs, health costs, healthcare costs, patient access, private equity, SDOH

Every American deserves high-quality, affordable health care, and yet health care is becoming unaffordable for far too many families. One driver behind the rising costs is the surge in physician practice acquisitions by private equity firms. The increased private equity purchases are driving up health care costs for Americans. By 2018 private equity represented 45% of all health care…

New ACO Playbook: 3 Strategies To Tackle Hidden Costs Of Specialty Care

August 25, 2021Garrett SchmittNo Commentsaccountable care, ACO, ACOs, CMS, cost data, cost variation, healthcare costs, hospital admissions, specialty care, specialty physicians

Your ACO’s most significant costs may seem obvious. CMS and most ACOs have put an enormous emphasis on reducing utilization of hospital facilities and nursing home care to control costs. But your real key to cost reduction is knowing what drives avoidable admissions and stays in the first place. And with 50-60 percent of costs…

Five Important Health Care Trends That Consumers Should Track

July 29, 2021Garrett SchmittNo CommentsACO, ACOs, consumers, cost transparency, coverage, health care trends, health costs, health inequities, health literacy, healthcare, healthcare costs, healthcare trends, Informed Patient, patient health data, SDOH, value-based care, vbc

In the world of health care, change is never-ending. Politics, government regulation, scientific advancement, technology, and the economics and financing of health care foster shifts to reshape how care is delivered and how much it costs. Many of these shifts are completely invisible to us as health care consumers. But they also drive what is…

Rising costs, low-value care linked to hospital-employed physicians, studies show

May 5, 2021Garrett SchmittNo CommentsAHA, CMS, group practice, healthcare costs, HHS, low-value care, Medicare claims, Medicare Payment Advisory Commission, physician acquisition, physician employment, physician-hospital integration, physicians, private practice, vertical integration

Healthcare costs and low-value care tend to increase when hospitals acquire physicians, new studies published in Health Affairs show. The number of diagnostic and lab tests performed in hospitals versus unaffiliated facilities increased after doctors were acquired by hospitals, which inflated healthcare costs, according to an analysis of 30 million imaging procedures and 341 million…

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