Demand For Medical Second Opinions On The Rise

Posted On : October 6, 2014,   Time : 10:23 pm

Second opinions are becoming increasingly in demand by employers as they seek to cut their medical costs. The trade publication Business Insurance has reported that the cost of seeking a second opinion -- usually less than $1,000 -- easily pays for itself if it winds up countermanding a first opinion to undergo a specialty treatment or surgery. Misdiagnoses are found in about 20 percent of all medical cases that are referred for a second opinion, according to data that has been compiled on the subject. In some cases, such as for spinal fusion surgeries, the savings can be $150,000 or more. To learn more about how your bus

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Telemedicine Could Save Healthcare System $6 Billion a Year

Posted On : October 2, 2014,   Time : 8:40 am

A new study by the national consulting firm Towers Watson concludes that more employers are seeking telemedicine options for their workers in a belief that it will be more time efficient and save money. According to Bloomberg BNA, the use of telemedicine by companies could save the U.S. healthcare industry $6 billion a year. “This strikes me as the kind of thing that in the long run will be beneficial to both employees and employers i

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Up To a Third Of All Knee Replacement Surgeries May Be Unnecessary

Posted On : October 2, 2014,   Time : 8:29 am

A new study suggests that as many as one-third of all knee replacement surgeries are unnecessary. According to Modern Healthcare, a leading trade journal, researchers studied the medical records of 175 patients who underwent a knee replacement surgery, assigning a number of criteria to determine whether they were good candidates for the procedure. The criteria included the extent of damage to the knee, the patients’ age, and the extent of any arthritis. But 60 of those patients -- a full 34 percent -- were not considered good candidates to have their knees replaced. “It seems reasonable to question whether (knee repl

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Many Medical Practices Still Can’t Share Electronic Medical Records

Posted On : October 1, 2014,   Time : 4:24 pm

Medical practices and hospitals across the country are investing billions of dollars to install sophisticated electronic medical record systems. Yet despite all the money being spent, in many instances the various systems do not talk to one another. That is the case with Dr. Raghuvir B. Gelot, an eye, nose and throat specialist who practices in North Carolina. The New York Times has reported that he cannot

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Patient Satisfaction With Their Doctor Can Be a Dangerous Thing

Posted On : September 28, 2014,   Time : 11:34 pm

Just how reliable is a patient rating of their physician? That’s the question asked by USA Today. The newspaper noted that a variety of factors can go into how patients rate their doctor. Among the biggest is their overall satisfaction, which can run counterintuitively to what course of care is actually best for them. Nevertheless, patient satisfaction is a significant factor in how Medicare determines payments to doctors and hospitals. As a result, many doctors feel pressured to overutilize tests and other medical services. USA Today quoted a study from the journal Emergency Physicians Monthly concluding that nearly 60% of emergency room doctors ordered more tests

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