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July 4th, 2008
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HMCwiki:This month’s featured article/July 2008
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Image:Productivity Chart1-small.png

...that over the last decade, if the U.S. healthcare sector had kept pace with the U.S. non-farm business sector in productivity, we would have seen little or no price increases, better outcomes, and no funding crises for either Medicare or Medicaid?

...that the estimated cost to a hospital for losing a physician is about $250,000?

...that low-dollar co-pays and deductibles can be charged to a patient’s home or cellular telephone bill, resulting in collection cycles of 60 to 75 days and average monthly post-discharge collection rates of 70 to 85%?

...that earlier this year an Australian medical journal published results of a clinical trial in which there was a 50 percent drop in adverse events and a 36.9 percent reduction in the post-operative hospital mortality rate at a medical center that had begun using such a Rapid Response Team?

...that hospitals can overpay suppliers from 2 to 7 percent for contracted medical-surgical supplies?

...that gainsharing programs allow physicians to share in supply cost saving through some combination of percentage of payment, hourly fee, or fixed fee and to play a significant role in the planning process to achieve those savings?

...that with the reporting results of patient outcomes by hospitals through public databases, and theoretically, payers being able to research the same results, effective clinical management of pneumonia patients has moved front and center in the minds of clinicians and administrators?

...that preparing your staff for JCAHO, through repeated tracers and other educational methods, is the surest way to put your best foot forward?

...that while a high-risk case management model may focus on persons with a high risk of becoming seriously ill due to a combination of medical, social and functional problems, a Disease Management Case Management model addresses standard, evidence-based needs related to a specific diagnosis?

...that the government released a report suggesting that JCAHO was not doing their job to assure patient safety?

...that Setting up a committee tied to nursing and research is a great way to achieving Magnet status as well as research initiatives together?

...that although malpractice premiums have risen to 15-30 percent around the nation, the rise varies greatly by state with some of the hardest hit states seeing a 26-73 percent increase?

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