Cost increases for drugs most-used by older Americans are higher than inflation

For a consumer who’s enrolled in Medicare and takes three brand name prescription drugs on a chronic basis, the average increase in the cost of the medications used to treat those conditions increased by nearly $2,100 between 2002 and 2008. Between 2007 and 2008, the average increase in drug price over 3 therapies was $556. […]

Read full story Comments { 0 }

The economic downturn — how hospitals are dealing

The outlook for the U.S. hospital sector will remain negative well into 2010, based on my reading of credit rating reports from Fitch, Moody’s and Standard & Poors. Hospitals are dealing with the recession adopting a broad and deep range of strategies, inventoried in a comprehensive survey issued by the Healthcare Financial Management Association (HFMA), […]

Read full story Comments { 0 }

Can't get no health plan satisfaction – the importance of understanding benefits

You’re not so happy with your health plan if you purchase it as an individual or receive it through a small employer. That’s the top-line finding of J.D. Power‘s 2009 National Health Insurance Plan Study. What’s driving down health plan satisfaction is consumers’ lack of understanding of the benefit. “Members still tend to be least […]

Read full story Comments { 0 }

Onto the mainland and Main Street – American Well comes to Minnesota

Into the Mainstream and onto the U.S. Mainland, American Well will be offered in Minnesota by the Blue Cross and Blue Shield of Minnesota (BCBSMN) health plan. This is a market signal that online health has come to Main Street. When American Well first launched in the state of Hawaii, some critics said that was […]

Read full story Comments { 0 }

PEHRs as disruptive health technology, Christensen says

Is Clayton Christensen right? On April 8, 2009, the Disruptive Harvard Professor was interviewed in Harvard Business School’s Working Knowledge saying that Personal Electronic Health Records (PEHRs) can, “help us manage our own health care” and be “transformative in lots of unexpected ways.” By his definition in The Innovator’s Prescription, a disruptive innovation transforms a […]

Read full story Comments { 0 }