RevCycle Intelligence September 11, 2019
– When hospitals acquire physician practices or physicians become employed by hospitals costs rise despite little change in care quality, a new study of physician-hospital integration by experts at Rice University and Blue Cross and Blue Shield of Texas (BCBSTX) revealed.
The study recently published in the Journal of General Internal Medicine showed that costs were 5.8 percent, or $280, higher for patients attributed to physicians in hospital-owned versus physician-owned practices from 2014 to 2015.
Yet, hospital-owned practices were better than their physician-owned peers for only one of the five quality measures analyzed, researchers found after examining all preferred provider organization (PPO) insurance claims processed for care through BCBSTX from 2014 through 2016 in Texas’ four largest...