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	<title>HealthExecNews &#187; Healthcare Finance</title>
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	<description>Healthcare Management News and Insights</description>
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		<title>Patients who no longer need care costing hospitals millions</title>
		<link>http://healthexecnews.com/patients-who-no-longer-need-care-costing-hospitals-millions</link>
		<comments>http://healthexecnews.com/patients-who-no-longer-need-care-costing-hospitals-millions#comments</comments>
		<pubDate>Thu, 19 Jan 2012 22:39:30 +0000</pubDate>
		<dc:creator>jcampbell</dc:creator>
				<category><![CDATA[Healthcare Finance]]></category>
		<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Latest News & Views]]></category>
		<category><![CDATA[New York]]></category>
		<category><![CDATA[public hospitals]]></category>
		<category><![CDATA[uninsured]]></category>

		<guid isPermaLink="false">http://healthexecnews.com/?p=5701</guid>
		<description><![CDATA[Patients in New York City hospitals who are well enough to be discharged are sticking around longer – like for months or years, according to one health official. LaRay Brown, a senior vice president for New York City&#8217;s Health and Hospitals Corporation, estimates there are 300 patients currently residing in the city&#8217;s public hospitals who [...]]]></description>
			<content:encoded><![CDATA[<p>Patients in New York City hospitals who are well enough to be discharged are sticking around longer – like for months or years, according to one health official.<br />
<span id="more-5701"></span></p>
<p>LaRay Brown, a senior vice president for New York City&#8217;s Health and Hospitals Corporation, estimates there are 300 patients currently residing in the city&#8217;s public hospitals who are either well enough to be discharged or would benefit more from specialized care, the <a rel="nofollow" href="http://www.nytimes.com/2012/01/03/nyregion/nowhere-to-go-patients-linger-in-hospitals-at-a-high-cost.html?_r=2" target="_blank">New York Times</a> reports.</p>
<p>Reason: Under state law, public hospitals cannot discharge patients without proper housing.</p>
<p>Each of these patients, many of whom are illegal immigrants, cost hospitals about $100,000 per year. Thing is, many would be better off in other types of facilities, such as nursing homes, which would cost just $20,000, Brown says. While Medicaid often covers emergency care for elderly patients or illegal immigrants, it won&#8217;t cover continued care, so the hospitals and taxpayers are footing the bill.</p>
<p>And finding a solution is challenging. One option involves hospitals covering the cost to admit these patients to nursing homes or specialized care facilities. However, these facilities are reluctant to take patients without medical insurance for fear of missing out on reimbursements, hospital executives say.</p>
<p>Other issues: Hospitals don&#8217;t want to appear callous by trying to get rid of these patients, and elected officials are wary of trying to get federal programs to reimburse hospitals for their care for fear of being seen as encouraging illegal immigration, according to the New York Times story.</p>
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		<title>Health care spending increases slow &#8212; because no one can afford it</title>
		<link>http://healthexecnews.com/health-care-spending-increases-slow-because-no-one-can-afford-it</link>
		<comments>http://healthexecnews.com/health-care-spending-increases-slow-because-no-one-can-afford-it#comments</comments>
		<pubDate>Wed, 11 Jan 2012 10:00:02 +0000</pubDate>
		<dc:creator>Carol Katarsky</dc:creator>
				<category><![CDATA[Healthcare Finance]]></category>
		<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Latest News & Views]]></category>
		<category><![CDATA[Medicare & Medicaid News]]></category>
		<category><![CDATA[CMS]]></category>
		<category><![CDATA[research]]></category>

		<guid isPermaLink="false">http://healthexecnews.com/?p=5637</guid>
		<description><![CDATA[It was a second year of slower spending on health care. That&#8217;s not because services are more affordable, though. A new report by federal analysts found that the reduced spending in 2010 (the last year for which data is available) was due to a combination of high unemployment, lower household income, a reduction in the [...]]]></description>
			<content:encoded><![CDATA[<p>It was a second year of slower spending on health care. That&#8217;s not because services are more affordable, though. <span id="more-5637"></span></p>
<p><a rel="nofollow" href="http://content.healthaffairs.org/content/31/1/208.abstract" target="_blank">A new report by federal analysts found that the reduced spending</a> in 2010 (the last year for which data is available) was due to a combination of high unemployment, lower household income, a reduction in the number of people with private insurance and some folks opting to skip needed care (or choose cheaper options) because they simply couldn&#8217;t afford the preferred treatment.</p>
<p>According to the report by CMS, in 2010, health spending grew just 3.9%, <a title="Health spending up, but starting to slow" href="http://healthexecnews.com./health-spending-up-but-starting-to-slow" target="_blank">only 0.1 percentage point faster than 2009</a>. Total health spending in 2010 was $2.6 trillion, about $8,402 per person. To date, 2009-2010 had the slowest rate of growth of any two-year period in the 51 years this data has been tracked.</p>
<p>More troubling, although this rate is &#8220;slowing,&#8221; health spending still grew exceptionally faster than the rest of the economy. About 45% of the spending was shouldered by government agencies at all levels &#8212; up from 41% in 2009. That increase is largely the result of growing Medicaid enrollment and enhanced federal matching rates from the American Recovery and Reinvestment Act.</p>
<p>At the household level, spending was up 2.8% in 2010. One-third of such spending was employee contributions to private health insurance. People weren&#8217;t necessarily getting more for their money though. A significant portion of the increased spending was due to higher cost-sharing requirements for some employees, a trend toward plans with higher deductibles and/or co-payments, and many people having to pay out-of-pocket for health care after losing their health insurance coverage.</p>
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		<title>2012 outlook: real estate, construction and mergers on the increase</title>
		<link>http://healthexecnews.com/2012-outlook-real-estate-construction-and-mergers-on-the-increase</link>
		<comments>http://healthexecnews.com/2012-outlook-real-estate-construction-and-mergers-on-the-increase#comments</comments>
		<pubDate>Thu, 29 Dec 2011 10:00:13 +0000</pubDate>
		<dc:creator>Carol Katarsky</dc:creator>
				<category><![CDATA[Healthcare Finance]]></category>
		<category><![CDATA[Healthcare Reform News]]></category>
		<category><![CDATA[Hospital Management]]></category>
		<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Latest News & Views]]></category>
		<category><![CDATA[Practice Management]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[Jones Lang Lasalle]]></category>
		<category><![CDATA[merger]]></category>
		<category><![CDATA[real estate]]></category>

		<guid isPermaLink="false">http://healthexecnews.com/?p=5337</guid>
		<description><![CDATA[Here&#8217;s another sign of a rosier outlook for health care in the next few years: Industry experts expect to see more activity in construction and mergers.  According to a release by the healthcare practice group at Jones Lang LaSalle, more health systems will start to move on long-planned expansions and building new offices and outpatient [...]]]></description>
			<content:encoded><![CDATA[<p>Here&#8217;s another sign of a rosier outlook for health care in the next few years: Industry experts expect to see more activity in construction and mergers.  <span id="more-5337"></span>According to a release by the healthcare practice group at Jones Lang LaSalle, more <a href="http://www.joneslanglasalle.com/UnitedStates/EN-US/Pages/Newsitem.aspx?ItemID=23825 ">health systems will start to move on long-planned expansions and building new offices and outpatient facilities</a>.</p>
<p>The need for outpatient facilities in particular is expected to increase as the industry adapts to the ongoing health reform and a move toward accountable care organizations. Outpatient facilities generally provide more access at the local level, and at a lower-cost care overall.</p>
<p>Another driver behind that activity is an expected increase in mergers and acquisitions. The company said that the anticipated activity &#8212; of both hospital mergers and the acquisition of physician practices &#8212; will create real estate dilemmas for the organizations involved.</p>
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		<title>Survey results: Compensation levels for medical directors</title>
		<link>http://healthexecnews.com/compensation-levels-for-medical-directors</link>
		<comments>http://healthexecnews.com/compensation-levels-for-medical-directors#comments</comments>
		<pubDate>Tue, 27 Dec 2011 10:00:45 +0000</pubDate>
		<dc:creator>Carol Katarsky</dc:creator>
				<category><![CDATA[Healthcare Finance]]></category>
		<category><![CDATA[Healthcare Human Resources and Staffing News]]></category>
		<category><![CDATA[Hospital Management]]></category>
		<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Latest News & Views]]></category>
		<category><![CDATA[administration]]></category>
		<category><![CDATA[compensation]]></category>
		<category><![CDATA[Integrated Health Strategies]]></category>
		<category><![CDATA[medical directors]]></category>
		<category><![CDATA[research]]></category>
		<category><![CDATA[survey]]></category>

		<guid isPermaLink="false">http://healthexecnews.com/?p=5180</guid>
		<description><![CDATA[The 2011 Medical Director Survey provides the latest data on what other hospitals are paying medical directors and physicians with administrative positions. The survey is conducted by the Physician Services practice of compensation and human resources consulting form Integrated Health Strategies. The survey analyzes compensation, employment status, bonuses and hourly rates. Among this year&#8217;s findings: [...]]]></description>
			<content:encoded><![CDATA[<p>The 2011 Medical Director Survey provides the latest data on what other hospitals are paying medical directors and physicians with administrative positions. <span id="more-5180"></span>The survey is conducted by the Physician Services practice of compensation and human resources consulting form Integrated Health Strategies. The survey analyzes compensation, employment status, bonuses and hourly rates. Among this year&#8217;s findings:</p>
<p>• Most organizations (82.3%) reported that all of their medical directors have contracts. Of those contracts, the majority, (72.9%) are for just one year &#8212; the fourth year in a row that number has increased.</p>
<p>• Wages are 3.9% higher on average for independently contracted medical directors to account for foregone taxes, benefits and insurance payments.</p>
<p>• The number of organizations offering performance bonuses to medical directors was up 4.3percentage points from 2010, to 26.9%.</p>
<p>Median hourly rates increased by an average 3.0% from 2010 to 2011.</p>
<p>The data is intended to help health care organizations make compensation decisions and learn more about current market trends. For more detail, <a href="http://www.ihstrategies.com/sur_nhc.php" target="_blank">visit IHS&#8217; survey page</a>.</p>
<p>&nbsp;</p>
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		<title>$1M+ embezzlement nets accountant jail time</title>
		<link>http://healthexecnews.com/1m-embezzlement-nets-accountant-jail-time</link>
		<comments>http://healthexecnews.com/1m-embezzlement-nets-accountant-jail-time#comments</comments>
		<pubDate>Thu, 15 Dec 2011 10:00:22 +0000</pubDate>
		<dc:creator>Carol Katarsky</dc:creator>
				<category><![CDATA[Ethics]]></category>
		<category><![CDATA[Fraud & Waste]]></category>
		<category><![CDATA[Healthcare Finance]]></category>
		<category><![CDATA[Healthcare Legal & Compliance]]></category>
		<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Latest News & Views]]></category>
		<category><![CDATA[Michigan]]></category>
		<category><![CDATA[Munson Healthcare]]></category>
		<category><![CDATA[Susan J. Morrison]]></category>
		<category><![CDATA[Traverse City]]></category>

		<guid isPermaLink="false">http://healthexecnews.com/?p=5156</guid>
		<description><![CDATA[A hospital accountant is headed to jail after embezzling more than $1 million from her employer&#8217;s accounts. Susan J. Morrison, a former accountant at Munson Healthcare in Traverse City, Michigan, was sentenced to 46 months in prison and ordered to pay over $1 million in restitution. She had previously pleaded guilty to wire fraud and [...]]]></description>
			<content:encoded><![CDATA[<p>A hospital accountant is headed to jail after embezzling more than $1 million from her employer&#8217;s accounts. <span id="more-5156"></span>Susan J. Morrison, a former accountant at Munson Healthcare in Traverse City, Michigan, was <a href="http://record-eagle.com/latest-mobile/x1033440474/Munson-embezzler-gets-prison" target="_blank">sentenced to 46 months in prison and ordered to pay over $1 million in restitution</a>. She had previously pleaded guilty to wire fraud and money laundering.</p>
<p>According to prosecutors, between October 2007 and April 2011, Morrison transferred funds from Munson’s Regional Healthcare Foundation’s bank account to an account for her former business. She used the money for such necessitates as buying dozens of boxes of trading cards.</p>
<p>Morrison is required to forfeit any funds and goods she acquired from the crime. So far, over $36,000 has already been seized from various bank accounts.</p>
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		<title>Hospital group goes to court over Medicaid cuts</title>
		<link>http://healthexecnews.com/hosptial-group-goes-to-court-over-medicaid-cuts</link>
		<comments>http://healthexecnews.com/hosptial-group-goes-to-court-over-medicaid-cuts#comments</comments>
		<pubDate>Thu, 08 Dec 2011 10:00:31 +0000</pubDate>
		<dc:creator>Carol Katarsky</dc:creator>
				<category><![CDATA[Healthcare Finance]]></category>
		<category><![CDATA[Healthcare Reform News]]></category>
		<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Latest News & Views]]></category>
		<category><![CDATA[Medicare & Medicaid News]]></category>
		<category><![CDATA[Arizona]]></category>
		<category><![CDATA[Arizona Hospital and Healthcare Association]]></category>
		<category><![CDATA[Medicaid]]></category>
		<category><![CDATA[Phoenix]]></category>
		<category><![CDATA[reimbursement]]></category>

		<guid isPermaLink="false">http://healthexecnews.com/?p=5070</guid>
		<description><![CDATA[An Arizona hospital group has filed suit to block the reduction in reimbursement rates for Medicaid patients. The suit was filed by the Arizona Hospital and Healthcare Association in the U.S. District Court in Phoenix. The suit claims that the 5% rate cut will limit patient access to health care providers in violation of federal [...]]]></description>
			<content:encoded><![CDATA[<p>An Arizona hospital group has filed suit to block the reduction in reimbursement rates for Medicaid patients. <span id="more-5070"></span></p>
<p>T<a href="http://www.eastvalleytribune.com/arizona/article_cf85fa0a-1ad5-11e1-a638-001cc4c002e0.html" target="_blank">he suit was filed by the Arizona Hospital and Healthcare Association</a> in the U.S. District Court in Phoenix.</p>
<p>The suit claims that the 5% rate cut will limit patient access to health care providers in violation of federal law that requires Medicaid payments to hospitals be sufficient to ensure &#8220;that beneficiaries have equal access to services.&#8221;</p>
<p>The Medicaid rate cut is expected to save the state $95 million this year.</p>
<p>&nbsp;</p>
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		<title>Pay a lot more, get less: What&#8217;s happening to health insurance?</title>
		<link>http://healthexecnews.com/pay-a-lot-more-get-less-whats-happening-to-health-insurance</link>
		<comments>http://healthexecnews.com/pay-a-lot-more-get-less-whats-happening-to-health-insurance#comments</comments>
		<pubDate>Tue, 29 Nov 2011 10:00:35 +0000</pubDate>
		<dc:creator>Carol Katarsky</dc:creator>
				<category><![CDATA[Healthcare Finance]]></category>
		<category><![CDATA[Healthcare Reform News]]></category>
		<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Latest News & Views]]></category>
		<category><![CDATA[deductibles]]></category>
		<category><![CDATA[health reform]]></category>
		<category><![CDATA[The Commonwealth Fund]]></category>

		<guid isPermaLink="false">http://healthexecnews.com/?p=4921</guid>
		<description><![CDATA[A new report puts hard numbers to just how crunched the average worker is by the rising costs of health insurance. A new report from The Commonwealth Fund shows that health insurance premiums are growing faster than workers&#8217; incomes, those policies are covering less &#8212; and employees are footing more of the bill as well. The [...]]]></description>
			<content:encoded><![CDATA[<p>A new report puts hard numbers to just how crunched the average worker is by the rising costs of health insurance. <span id="more-4921"></span>A new report from The Commonwealth Fund shows that health insurance premiums are growing faster than workers&#8217; incomes, those policies are covering less &#8212; and employees are footing more of the bill as well.</p>
<p>The report, <a href="http://www.commonwealthfund.org/Publications/Issue-Briefs/2011/Nov/State-Trends-in-Premiums.aspx" target="_blank">State Trends in Premiums and Deductibles, 2003-2010</a>, found that 62% of people live in states where health insurance premiums are equal to 20% or more of earnings for a middle income worker under 65.</p>
<p>On average, premiums for an employer-sponsored family plan increased by 50% between 2003 and 2010, to $13,871 annually. Even in the five &#8220;lowest-cost&#8221; states, premiums ranged between $11,379 and $12,409.</p>
<p>And employers aren&#8217;t picking up as much of the cost anymore. Since 2003, the employee-paid portion of health insurance has increased by 63% &#8212; far more than incomes have risen, and a higher proportion of the total cost.</p>
<p>But workers aren&#8217;t getting more for their money &#8212; they&#8217;re getting less. According to the report, only 52% of employees had a deductible in 2003; by 2010, it was 74%. And the size of the average per-person deductible has increased by a whopping 98% over the same time period.</p>
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		<title>Supercommittee fails: What does it mean for health care?</title>
		<link>http://healthexecnews.com/supercommitte-fails-what-does-it-mean-for-health-care</link>
		<comments>http://healthexecnews.com/supercommitte-fails-what-does-it-mean-for-health-care#comments</comments>
		<pubDate>Tue, 22 Nov 2011 10:00:42 +0000</pubDate>
		<dc:creator>Carol Katarsky</dc:creator>
				<category><![CDATA[Healthcare Finance]]></category>
		<category><![CDATA[Healthcare Reform News]]></category>
		<category><![CDATA[Hospital Management]]></category>
		<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Latest News & Views]]></category>
		<category><![CDATA[Medicare & Medicaid News]]></category>
		<category><![CDATA[Practice Management]]></category>
		<category><![CDATA[AHA]]></category>
		<category><![CDATA[AMA]]></category>
		<category><![CDATA[budget]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Medicare]]></category>
		<category><![CDATA[Supercommittee]]></category>

		<guid isPermaLink="false">http://healthexecnews.com/?p=4934</guid>
		<description><![CDATA[The so-called Supercommittee intended to reach a bipartisan deal for the federal budget has officially failed &#8212; and health care pros are scrambling to figure out what it means for their organizations. The consensus view: It ain&#8217;t good. The committee was set up to find a compromise on how to cut $1.2 trillion in federal [...]]]></description>
			<content:encoded><![CDATA[<p>The so-called Supercommittee intended to reach a bipartisan deal for the federal budget has officially failed &#8212; and health care pros are scrambling to figure out what it means for their organizations. <span id="more-4934"></span>The consensus view: It ain&#8217;t good.</p>
<p>The committee was set up to find a compromise on how to cut $1.2 trillion in federal spending over the next decade. Failure to do so &#8212; which the committee officially announced on Nov. 21 &#8212; means the back up plan of &#8220;sequestration&#8221; takes effect. That means automatic cuts of that $1.2 trillion is cut from domestic and defense programs starting with 2013 spending.</p>
<p>Most directly affecting the health industry are planned cuts to Medicare &#8212; capped at 2%. Understandably, providers are worried about the effect that&#8217;ll have on their bottom lines.</p>
<p>The American Medical Association released <a href="http://www.ama-assn.org/ama/pub/news/news/2011-11-21-deficit-committee-failure-medicare-cut.page" target="_blank">a statement by President Peter W. Carmel, M.D</a>., noting that cuts triggered by sequestration, along with <a title="AMA survey: The public wants action on Medicare cuts now" href="http://healthexecnews.com./ama-survey-the-public-wants-action-on-medicare-cuts-now" target="_blank">the planned Jan. 1 physician payment cut of 27%</a>, mean physicians may be forced to limit the number of Medicare patients they serve.</p>
<p>Similarly, the American Hospital Association&#8217;s statement warned that the cuts to Medicare will affect not just the elderly and disabled who rely on Medicare but their families who have to pick up the slack, as well as hospitals&#8217; ability to provide essential services. The statement is available <a href="http://www.aha.org/presscenter/pressrel/2011/111121-st-supercommittee.pdf" target="_blank">here </a>(downloadable PDF).</p>
<p>“Sequestration means that arbitrary reductions in resources for patient care under Medicare will now be set to take effect under the law for the remainder of the decade,” <a href="http://www.aha.org/presscenter/pressrel/2011/111121-st-supercommittee.pdf">Richard Umbdenstock, president and CEO of the American Hospital Association (PDF)</a>, said in a statement. “This will have an impact not just on the elderly and disabled beneficiaries of the program, but on their families,” he continued. “It will also have an impact on the ability of hospitals to provide essential public services to the communities they serve given the impact that Medicare has on the entire healthcare system. It is likely that Congress will reconsider whether this approach should take effect in January 2013 as required under current law.”</p>
<div>What impact are you expecting to see from the failure of the Supercommittee to reach a deal? Share your thoughts and concerns in the comments.</div>
<p><strong><br />
</strong></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
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		<title>What puts an ER at risk of closing?</title>
		<link>http://healthexecnews.com/what-puts-an-er-at-risk-of-closing</link>
		<comments>http://healthexecnews.com/what-puts-an-er-at-risk-of-closing#comments</comments>
		<pubDate>Fri, 18 Nov 2011 10:00:20 +0000</pubDate>
		<dc:creator>Carol Katarsky</dc:creator>
				<category><![CDATA[Healthcare Finance]]></category>
		<category><![CDATA[Hospital Management]]></category>
		<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Latest News & Views]]></category>
		<category><![CDATA[Medicare & Medicaid News]]></category>
		<category><![CDATA[Annals of Emergency Medicine]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[emergency]]></category>
		<category><![CDATA[prevention]]></category>
		<category><![CDATA[research]]></category>

		<guid isPermaLink="false">http://healthexecnews.com/?p=4931</guid>
		<description><![CDATA[A recent study in the Annals of Emergency Medicine found three main factors put a given hospital&#8217;s emergency department at risk. Hospitals that are for-profit, that serve higher rates of blacks, and/or serve higher numbers of Medicaid patients are far more likely to close. The researchers looked at data from California hospitals during the period [...]]]></description>
			<content:encoded><![CDATA[<p>A recent study in the Annals of Emergency Medicine found three main factors put a given hospital&#8217;s emergency department at risk. <span id="more-4931"></span></p>
<p>Hospitals that are for-profit, that serve higher rates of blacks, and/or serve higher numbers of Medicaid patients are far more likely to close.</p>
<p>The researchers looked at data from California hospitals during the period from1998-2008. Their report is available for download <a href="http://www.annemergmed.com/webfiles/images/journals/ymem/FA-ryhsia.pdf " target="_blank">here</a>.</p>
<p>According to the researchers, for every 10% increase in black patients served by a hospital, the risk of closing the emergency department increased by a whopping 40%. For every 10% increase in Medicaid patients, the risk jumped 17%.</p>
<p>For-profit hospitals in general had a 65% higher chance of closing their emergency departments than non-profits.</p>
<p>The study is especially troubling since emergency departments are <a href="http://healthexecnews.com./more-preventive-care-being-offered-in-emergency-departments" target="_blank">increasingly the only provider of preventive care</a> &#8212; especially in the poorer neighborhoods where they&#8217;re more likely to close.</p>
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		<title>Medical liability premiums down for most docs</title>
		<link>http://healthexecnews.com/medical-liability-premiums-down-for-most-docs</link>
		<comments>http://healthexecnews.com/medical-liability-premiums-down-for-most-docs#comments</comments>
		<pubDate>Fri, 11 Nov 2011 10:00:05 +0000</pubDate>
		<dc:creator>Sam Narisi</dc:creator>
				<category><![CDATA[Healthcare Finance]]></category>
		<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Latest News & Views]]></category>
		<category><![CDATA[Accountable Care Organizations]]></category>
		<category><![CDATA[medical liability insurance]]></category>
		<category><![CDATA[Medical Liability Monitor]]></category>
		<category><![CDATA[schedule credits]]></category>

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		<description><![CDATA[Very few costs are decreasing these days, but here&#8217;s a big one that is, for most healthcare providers: liability insurance premiums.  That&#8217;s the message from a recent study from Medical Liability Monitor. The study of rates from 40 insurance companies found that 55% of rates stayed flat compared to last year. Among those that did [...]]]></description>
			<content:encoded><![CDATA[<p>Very few costs are decreasing these days, but here&#8217;s a big one that is, for most healthcare providers: liability insurance premiums. <span id="more-4827"></span></p>
<p>That&#8217;s the message from a recent study from <a href="http://publications.milliman.com/publications/pc-published/pdfs/from-crunchy-candy-to-simmering-frogs.pdf" target="_blank">Medical Liability Monitor</a>. The study of rates from 40 insurance companies found that 55% of rates stayed flat compared to last year.</p>
<p>Among those that did change, however, most went down for the sixth year in a row, with 90% decreasing between 0.1% and 9.9%.</p>
<p>Changes varied based on geography, ranging from a 3% increase in New Hampshire to an 11.4% drop in Mississippi.</p>
<p>The actual rates paid may have decreased even more as more insurance companies have started offering schedule credits &#8212; 11% of companies introduced new credits this year, and 20% did so last year. Overall, 30% of companies increased the amount of credits they offered this year, and none reported a decrease.</p>
<p>What&#8217;s behind the drops in rates? The report attributes the trend largely to more doctors joining Accountable Care Organizations, more doctors becoming employees of larger hospitals and practices, and other initiatives promoted by the Patient Protection and Affordable Care Act.</p>
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