Health Care Pricing Reflects Quality – and a Host of Other Factors
A report released by the Massachusetts Health Policy Commission (HPC) last week has once again brought the complex issue of price variation to the forefront of health policy conversations. While the HPC and others are quick to highlight providers that charge higher prices than their competitors, their conclusions leave out a num...
Putting Massachusetts Health Care Costs in Context
In Massachusetts, we’re known for offering a standard of medical care that is among the best in the nation and even the world – patients come from all over for treatment at our hospitals. We’re also known for having some of the nation’s highest medical costs. However, while health care spending in Massachusetts is high in absolu...
Why It’s Time to Reduce Health Care Costs in Massachusetts
Reducing the cost of health care is a top priority for Partners HealthCare. For the past 40 years, per capita health expenditures in the U.S. have risen at a rate higher than inflation, with challenging consequences. For U.S. employers operating in a global marketplace, rising health care costs can be crippling to the bottom lin...
Transparency on Our Finances
Occasionally, as part of the ongoing health care cost dialogue, the issue of hospital assets is raised and the question is asked – why do hospitals need “reserves”? Most hospitals and health systems across the state have some level of investment assets and there are good reasons for it.