Archive for July, 2012|
July 20, 2012 • By Dan Hinmon, Principal
A bold project to reduce healthcare costs that combines global payments with quality incentives has paid off for Blue Cross Blue Shield of Massachusetts, according to a recent Harvard Medical School study published in the journal Health Affairs.
The study shows that physicians and hospitals that participated in the project over two years experienced savings of 2.8 percent compared to spending in nonparticpating groups. At the same time, “quality of care also improved compared to control organizations, with chronic care management, adult preventive care, and pediatric care within the contracting groups improving more in year two than in year one,” according to the study. (more…)