The 2014 Council for Affordable Quality Healthcare Index Report gives data on administrative electronic transaction use and savings in health care.
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Investors have routed $7 million to PatientRoute Systems, which helps hospitals use predictive analytics to improve operations.
http://medcitynews.com/2015/03/serial-entrepreneur-raises-7m-double-size-predictive-analytics-business-improve-surgical-capacity-planning/?utm_source=MedCity+News+Subscribers&utm_campaign=fb517a4d35-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-fb517a4d35-67648197A brief analysis from single-payer advocates finds no change in MLRs or administrative costs after reform.
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The Workers' Compensation Research Institute has published its annual report and research review on the state of the industry.
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97% of ER doctors say they order imaging and tests of dubious value in order to avoid potential lawsuits. The study in Academic Emergency Medicine says such unnecessary tests adds $210 billion in annual health spending.
http://consumer.healthday.com/general-health-information-16/doctor-news-206/most-er-doctors-surveyed-ordered-unnecessary-tests-697688.htmlDespite good information availability, an NBER paper finds that consumers don't pay adequate attention to Part D plan features and pricing and this costs them each $536 and Medicare $550 million over three years. You can lead a horse to water but you can't make them drink, or maybe the horse doesn't know how to find the water or maybe they aren't sure how to drink or maybe its too many drugs, or something like that.
http://www.nber.org/papers/w21028?utm_campaign=ntw&utm_medium=email&utm_source=ntwAn National Bureau of Economic Research paper finds that high-deductible health plans create a sustained decrease in health spending trends.
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