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Posted on August 29, 2016 |
The health care industry is undergoing dramatic transformation as insurance companies, Medicare and Medicaid change the way they pay for health care services.
For decades, we have had a reimbursement system that generally pays doctors and hospitals for every test, procedure or service they provide to patients. But today, we are rapidly shifting to a system that rewards the healthcare providers who show they can deliver better outcomes for patients at a lower cost.
At Sacred Heart Health System and its parent organization, Ascension, the nation’s leading non-profit healthcare system, we have embraced this transformation because it’s the right thing to do for the patients and communities we serve. Unfortunately, a major obstacle to providing better care at a lower cost is the astronomical price increases of prescription drugs