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The high price of healthcare has put a lot of stress on individuals and the healthcare system, as they struggle to come up with the money to cover some of today’s most expensive procedures.
Every day, it becomes more challenging for hospitals to survive in the current healthcare climate, particularly regarding financial matters. It’s tough to find the money to fund care quality initiatives and other improvements while staying afloat.
As you can probably guess, hospital stays that involved an operating room (OR) procedure are more expensive than those that didn’t. But do you know how much more?
A major change coming down the pipeline from the Centers for Medicare & Medicaid Services (CMS) will likely impact your hospital’s revenue — CMS plans to do away with the global package for all surgical procedures.