"Beginning in 2023, insurers will be mandated to offer an online shopping tool or similar platform that includes an out-of-pocket cost estimate and negotiated prices for 500 of the "most shoppable" services. In 2024, this requirement will be extended to all services. In addition, beginning in 2022 insurers must post online a series of documents that include their in-network negotiated provider rates, out-of-network coverage rates and in-network drug pricing.”
"The harms of the coronavirus disease 2019 (COVID-19) pandemic have been innumerable, including illness, death and disability, unemployment and devastation of small businesses, hunger, educational losses, and amplification of racial and social inequities. JAMA Internal Medicine sheds light on another cost: deferral of care for serious non–COVID-19 conditions, such as myocardial infarction and stroke."
When creating a new budget, we often ask, "What happened last year?" and assume that it will happen again this year. Well, nobody wants this year to happen again, so let's just take 2020 and assume that its baseline is worthless. Listen to Trilliant's Adam Peebles and Jason Nardella as they discuss how health systems should be planning their 2021 budgets and growth strategies.
"The COVID-19 pandemic created the opportunity for hospitals and health systems to innovate in a short amount of time. Learning how to advance and scale those opportunities will be the key to redesigning the heath system of the future"
"Despite Q2 being the lowest quarter as far as M&A activity in five years, analysts at Waller and Kaufman Hall predict that the pent-up M&A activity from the pandemic will "very likely" cause a surge of M&As moving into 2021. They predict that M&As will be particularly active among small and independent hospitals looking to partner to stay afloat."