Midwest Edition
Calendar
November 15-16
R08101!G"1B3C06!?11">30C3"8!?88506! ;"8#$8C3"8*!=7$'0C"8!S#$'6084!/0'E@!?! #0'3$C.!"<!B"63>.!084!%"C3#0C3"806! 1B$0E$'1!K366!431>511!C7$!>7066$89$1! <0>389!7"1B3C061!38!R08101@!NO,PNO+O@ ;63>E!G$'$!<"'!A"'$!H8<"'%0C3"8
December 4-5
:3<$=>3$8>$!?66$.!088506!>"8<$'$8>$@! A388$0B"631!;"8#$8C3"8!;$8C$'@!?8! $D0%380C3"8!"<!C7$!E$'.!4'3#$'1!38!63<$! 1>3$8>$!084!7$06C7>0'$@!;"1C!!F?@ ;63>E!G$'$!<"'!A"'$!H8<"'%0C3"8
December 13
;7066$89$1!38!C7$!I"'64!"<!G"1B3C06! A$'9$'1*!?J?!G$06C7!:0K!=$>C3"8! L31C08>$!:$0'8389!;"%%3CC$$@!I$&380'! 084!M$6$>"8<$'$8>$*!;73>09"*!N((OPN(QO@ ;63>E!G$'$!<"'!A"'$!H8<"'%0C3"8
GET BEHIND THE PAYWALL NOW Special $89 Annual Subscription Offer $119 After the Paywall Goes Up This Month CLICK HERE
!"#$%&$'!()*!+,(+!-!+,(+!&.!/0.$'1!2!/'"#34$'1!/5&6317389*!::;
NEWS
Merger (Continued from Page One)
On paper it seems plausible you reduce services and consolidate services but it is hard to implement that, he said. There are a lot of political decisions. Capps said there are clear exceptions to the rule, but costs often do not go down after a merger. Those with tight plans to consolidate licenses, integrate staff and close certain service lines can sometimes see reduced operational costs. Those that retain local control arent changing their operations enough to cut costs. The second consideration is quality, which Town said is very difcult for a hospital to improve If it were easy, everyone would do it. He said hospitals might have even less incentive to invest in quality improvement if they have fewer competitors. Town produced a 2012 report looking at ve studies of major hospital consolidations across the country for the Robert Wood Johnson Foundation. He found that, after mergers, there is no evidence that quality is improved
Page 2
Advertise Here
(877) 248-2360, ext. 2
In Brief
Meridian Wins Illinois Dual-Eligibles Contract
Chicago-based Meridian Health Plan has received a contract from the Illinois Department of Healthcare and Family Services to provide coverage to the dualeligible population those who are enrolled in both Medicare and Medicaid. Under the terms of the contract, Meridian will enroll in dual-eligibles in Cook, DuPage, Kane, Kankakee, Lake and Will counties. It will operate as Meridian Complete. "We are honored to be a part of this pioneering joint venture between the State of Illinois and CMS, aimed at utilizing coordination, accountability and innovation to improve health outcomes, increase quality and improve independence in the community for this special population," said Michael Cotton, president of Meridian Health Plan of Illinois.! "We pride ourselves on our interdisciplinary approach to care coordination centered on the member and their personal needs to maximize access to resources to achieve these shared goals."!
that it often remains the same, and sometimes worsens. There is no evidence that it improves, he said. As for sharing knowledge, Capps said hospitals in particular regions usually follow what he calls persistent geographic practice patterns. If they really want to learn new ways to practice, he said organizations are better off merging with organizations in different areas of the country. Price is the third leg of the health economy stool. Literature shows that mergers, particularly with closely competing nearby rivals, actually raise prices hospitals charge insurers. This can, in turn, trickle down to consumers if insurance companies raise their premiums to compensate. The magnitude of price increases when hospitals merge in concentrated markets is typically quite large, most exceeding 20 percent, he said. I think the motivation (to merge) is nancial as with most things in healthcare, he said. TAMMY WORTH
Continued on Page 3
!"#$%&$'!()*!+,(+!-!+,(+!&.!/0.$'1!2!/'"#34$'1!/5&6317389*!::;
NEWS
Tax Break (Continued from Page One)
However, the tax break, tucked into a bill that meandered for hundreds of pages and whose language would bewilder the most hard-boiled lawyer, was blasted by consumer groups. When theyve got a hole of that magnitude in their existing budget, theyre giving a tax credit to certain investors. That's saying we'd rather spend that $10 million to subsidize the income of these mostly afuent investors than use that $10 million to pay for the core services we directly fund, Ralph Martire, the executive director of the Center for Tax and Budget Accountability, told the Associated Press. Under the provisions of the law, for-prot hospitals will be able to use their property tax
Page 3
Advertise Here
(877) 248-2360, ext. 2
*For our ads, not your hospital
In Brief
Surgery, those with a larger-thanaverage body mass index were twice as likely to suffer from an ankle fracture than those of a lighter weight. The highest risk groups were men under the age of 25 and women over the age of 50. The increase in weight can have grave effects on the bone and joints, increasing the risk of osteoarthritis and (potentially) the need for total joint replacement at a younger age, the College said in a statement. The findings of this study correlate with what I continue to see in my practice. It's basic physics; as body mass increases, so does the kinetic energy associated with the injury. The higher the body mass, the greater the risk of more severe ankle injury, said Alan MacGill, the podiatrist who helped perform the study.
liability or what they spend on charity care to offset their state income tax liability, although only the lesser amount is applicable. However, those hospitals with a property tax liability higher than their income tax liability will be able to either sell their tax credits to other businesses, or apply it to their ongoing tax liabilities for the next ve years. The Associated Press calculated most of the states for-prot hospitals will have an offset that exceeds their income tax liability. Nashville-based Vanguard Health Systems, which operates four hospitals in Illinoiswill share the lions share of the largesse. Vanguard is expected to receive a tax break of $5.5 million a year.
Contexo Media is an independent provider of revenue-enhancing solutions for medical practices to maximize their coding, reimbursement and compliance efforts. Thousands of health care professionals rely on Contexo Medias coding books, software, eLearning and educational workshops to stay on top of critical updates across the fast-changing medical landscape.
19144
!"#$%&$'!()*!+,(+!-!+,(+!&.!/0.$'1!2!/'"#34$'1!/5&6317389*!::;
OPINION
Page 4
<"65%$!+*!=115$!>)
/0.$'1!2!/'"#34$'1!31! ?5&6317$4!$#$'.!@5$140.!&.! /0.$'1!2!/'"#34$'1!/5&6317389*! ::;A!B8!088506!3843#34506! 15&1C'3?D3"8!31!EFF!0!.$0'! GE(>F!38!&56H!5?!D"!(,! 15&1C'3&$'1IA!=D!31!4$63#$'$4!&.! $J%036!01!0!/KL!0DD0C7%$8D*! "'!01!08!$6$CD'"83C!8$M16$DD$'A
B66!04#$'D31389*!15&1C'3&$'!084! $43D"'306!38N53'3$1O
GPQQI!+>PJ+)R, 38S"T?0.$'1084?'"#34$'1AC"%
U036389!044'$11O
P(P!!A!V"66.M""4!W0.*!X53D$!Y Y5'&08H*!;B!F(Z,Z
W$&13D$
MMMA?0.$'1084?'"#34$'1AC"%
L0C$&""H
MMMAS0C$&""HAC"%[?0.$'1?'"#34$'1
@M3DD$'
MMMADM3DD$'AC"%[?0.$'1?'"#34$'1
\43D"'306!Y"0'4
W36630%!UA!KM.$' V$06D7C0'$!XD'0D$931D ]08101!;3D.*!U"A ^0.!W0'4$8 X$83"'!<3C$!/'$134$8D @7$!;0%4$8!_'"5? `"11!BA!X6"DD$8*!UAKA ]6$38!X6"DD$8!2!L'$8C7 ;73C09" U3C70$6!:A!U366$81"8 /'$134$8D V$06D7!a5063D.!B4#31"'1!::; V3976084!/0'H*!=66A
/5&6317$'
?5&6317$'T?0.$'1084?'"#34$'1AC"%
`"8!X738H%08
B11"C30D$!\43D"'
D0%%.AM"'D7T1&C96"&06A8$D =S!."5!4"!8"D!'$C$3#$!."5'!3115$!"S! /0.$'1!2!/'"#34$'1!&.!(!/AUA!"8! @5$140.*!?6$01$!C066!GPQQI+>PJ+)R,A
@0%%.!W"'D7
!"#$%&$'!()*!+,(+!-!+,(+!&.!/0.$'1!2!/'"#34$'1!/5&6317389*!::;
MARKETPLACE/EMPLOYMENT
Page 5
CAN HELP.
We publish advertisements for those seeking new career opportunities for just $1.25 a word. If you prefer discretion, well handle all responses to your ad. Call (877) 248-2360, ext. 2, or e-mail advertise@payersandproviders.com.
!"#$%&$'!()*!+,(+!-!+,(+!&.!/0.$'1!2!/'"#34$'1!/5&6317389*!::;