Navigation Links
Rice U study: Technology, not uninsured patients, driving hospital costs
Date:10/2/2013

Technology, not uninsured patients, likely explains the steep rise in the cost of hospital care in Texas in recent years, according to Vivian Ho, the chair in health economics at Rice University's Baker Institute for Public Policy, a professor of economics at Rice and a professor of medicine at Baylor College of Medicine. Her findings were reported in an article appearing in the Oct. 1 online edition of the journal Healthcare Management, Practice and Innovation.

Ho emphasized her findings contradict a public perception that the rising numbers of uninsured persons explains the increase in prices that hospitals charge for treating privately insured patients. "This misconception has distracted policymakers and workers in the health care sector from identifying effective strategies for cost control," she said. But while Ho said her study can explain more than half of the observed price increase with hospital, patient and market characteristics, a sizable portion remains unexplained.

In the study, Ho used data on revenues by payer type to identify the factors for rising hospital costs in Texas between 2000 and 2007. The study comes against the backdrop of a substantial rise in health care expenditures in the United States that has been accompanied by rapid increases in fees that hospitals receive for treating privately-insured patients.

"We discovered that approximately two-thirds of the increase in prices can be explained by increases in the costs of care, which may reflect the growth and use of more advanced technology," Ho said. "Part of this cost increase could also be attributable to sicker patient populations, as patients with less severe conditions are increasingly treated in freestanding facilities. We found no firm evidence that hospitals are raising prices in response to lower reimbursement from Medicare, Medicaid or uninsured and self-pay patients."

She said the results of this study suggest more attention should be paid to understanding the cost drivers of hospital care. "If technology growth is behind the cost increases, then greater efforts should be devoted to determining which technologies are cost-effective," Ho said. "Greater thought could also be devoted to designing reimbursement mechanisms that discourage inefficient use of new technologies."


'/>"/>

Contact: Jeff Falk
jfalk@rice.edu
713-348-6775
Rice University
Source:Eurekalert

Related medicine news :

1. CU Cancer Center study: Young patients with metastatic colorectal cancer at higher risk
2. Study: New medical device extremely effective at preventing HIV in women
3. Penn Medicine study: Proton therapy cuts side effects for pediatric head and neck cancer patients
4. Study: Majority of patients who qualify for lifesaving heart treatment do not receive it
5. Mayo-led study: Drug fails to reduce diarrhea in patients receiving radiation therapy
6. Study: Memory problems, emotional stress result in early readmissions of heart patients
7. Study: Redefining the Criteria for ALK Positive Lung Cancer
8. Study: Redefining the criteria for ALK positive lung cancer
9. ACR, SBI on cancer study: More breast cancer screening needed in younger women
10. Study: Disease caused by repeat brain trauma in athletes may affect memory, mood, behavior
11. Study: Many evangelicals are ambivalent about homosexuality and civil unions for gays
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/29/2016)... ... April 29, 2016 , ... ... of our nation’s productivity, stability, even security. Most importantly, employees are the single ... Then why are American workers so unhappy? , Just under half of American ...
(Date:4/29/2016)... ... April 29, 2016 , ... Coast Dental Fort Stewart is celebrating its ... location in the Exchange Furniture Mall at 112 Vilseck Road in Fort Stewart. There ... TV. Plus attendees will have the opportunity to meet general dentists Thomas Richards, DDS, ...
(Date:4/29/2016)... Missouri (PRWEB) , ... April 29, 2016 , ... ... crutches which put pressure on the armpits, the M+D Crutch evenly distributes body weight ... on their wrists and hands when using the crutches than with other crutches. , ...
(Date:4/29/2016)... ... ... Dr. Robert Mondavi, one of the dentists in Torrance , is ... field as more patients are discovering the many different ways they can change and ... available to them and which ones might work for their smiles. , “One ...
(Date:4/29/2016)... ... April 29, 2016 , ... Jvion, ... round of funding led by Eastside Partners, with participation from existing investor Martin ... customer base and accelerate its technology and product roadmap. , “Jvion ...
Breaking Medicine News(10 mins):
(Date:4/27/2016)... , April 27, 2016 ... Including 42% Growth in Recurring Consumable Sales  ... Mauna Kea Technologies (Euronext: MKEA, OTCQX: MKEAY) inventor ... announced its sales for the first quarter ended March ... and the execution of its commercial strategy. ...
(Date:4/27/2016)... , April 27, 2016 ... titled, "Skincare Devices Market - Global Industry Analysis, Size, ... to the report, the global skincare devices market was ... anticipated to expand at a CAGR of 10.1% from ... 2023. Browse the full Skincare Devices Market (Treatment ...
(Date:4/27/2016)... -- Tie-up with Government hospitals as part ... save newborns   Fortis La Femme, ... with Breast Milk Foundation (BMF), a non-profit organization within the ... ,Amaara, in Delhi-NCR today. This non-profit centre recognizes that breast ... should be available to babies deprived of mother,s milk.  ...
Breaking Medicine Technology: