Healthcare Translations
In the current scenario, medical expenses can not be afford and in addition still going sky high rapidly. What we have, instead, is a hodgepodge of private and public insurance plans with cracks between them so large that 30 million Americans have fallen through and still have no health insurance. Total annual hospital-care costs for all patients grew from $28 billion to almost $650 billion during that same period.\n\nBut Medicare’s total cancer-treatment costs actually rose almost immediately. There’s no reason for healthcare to be any different. With the tools to manage and reduce costs, providers will be able to maintain economic viability even as reimbursements plateau and eventually decline.\n\nCompared with regional averages, patients at Virginia Mason’s Spine Clinic miss fewer days of work (4.3 versus 9 per episode) and need fewer physical therapy visits (4.4 versus 8.8). In addition, the use of MRI scans to evaluate low back pain has decreased by 23% since the clinic’s launch, in 2005, even as outcomes have improved.\n\nDebate often becomes focussed on the scale of the benefits conferred and the costs extracted. 4) The team takes responsibility for the full cycle of care for the condition, encompassing outpatient, inpatient, and rehabilitative care, and supporting services (such as nutrition, social work, and behavioral health).\n\nThe success of healthcare mergers, acquisitions, and other affiliations is predicated in part on available capital, and the need for and sources of funding are considerations present throughout the partnering process, from choosing a partner to evaluating an arrangement’s capital needs to selecting an integration model to finding the right money source to finance the deal.