A Health Care Cost Control Model for Higher Ed
Kevin’s last post, which compared cost control efforts and incentives in health care and higher education, reminded me of this recent interview in Health Affairs ($) with Geisinger Health System CEO Glenn Steele, M.D. (Geisinger is recognized as one of the few health care providers successful at controlling costs AND improving quality.)
Geisinger has developed several innovative, cost-saving reimbursement models with better patient outcomes, such as ProvenCare Heart, which provides a single price for coronary surgery, including any complications that occur in the following 90 days. But Steele notes that he’s never received a call from the other insurance payers wanting in on Geisinger’s reimbursement models. To explain, Steele says:
Geisinger has developed several innovative, cost-saving reimbursement models with better patient outcomes, such as ProvenCare Heart, which provides a single price for coronary surgery, including any complications that occur in the following 90 days. But Steele notes that he’s never received a call from the other insurance payers wanting in on Geisinger’s reimbursement models. To explain, Steele says: