RevCycle Intelligence October 23, 2023
A new study finds substantial cost savings when Medicare beneficiaries with the most expensive conditions go to a physician-owned hospital versus a traditional hospital.
Physician-owned hospitals treated some of the most expensive Medicare beneficiaries at lower costs compared to traditional hospitals despite seeing similar patient populations, according to a recent study.
Total payments were between 8 to 15 percent lower at physician-owned hospitals versus traditional hospitals in the same market, found the study conducted by a pair of professors from UConn Health and Loyola University Chicago. The study was prepared for the Physician’s Advocacy Institute (PAI) and The Physicians Foundation and compared the cost of care in physician-owned hospitals with traditional hospitals for Medicare patients in the 20 most expensive...