Life expectancy in US hasn’t changed much. Where did all the health dollars go?

CDC has released the new US Life Expectancy data for the year 2014 this week. The overall life expectancy has not changed between 2013 and 2014 but in some demographics life expectancy at birth steadily receded to the level in 2009! At the same time the healthcare expenditure, both at the consumer level and at […]

Medical transcription is dead. Long live medical transcription!

Many in the EMR industry have long forecasted the demise of the medical transcription industry.  However medical transcription still continues to exist and this industry is starting to see an uptick in the dictation volumes in the past 18 months.  The EMR vendors have aggressively sold their software by convincing physicians that transcription was an […]

Hospitals are not ready for bundled payments

Effective April 1 many hospitals will be paid a bundled fee for Knee and Hip replacement surgeries. This is a part of the overall strategy by CMS to move providers away from Fee for Service to Value Based Payment model. CMS’ goal is to make such payments reach 30% of all reimbursements for this year. […]