health care costs Archives
Financial impact of prior authorization
Apr. 12, 2022—Prior authorization — health insurer approval of a medical intervention prior to treatment — costs more than $40 million for U.S. academic radiation oncology practices, with questionable value added to patient care.
Study finds sexual minority communities disproportionately engage in behaviors to reduce medication costs
Jan. 6, 2022—Vanderbilt research finds that individuals from sexual minority populations, including members of the lesbian, gay, bisexual and queer communities, are more likely than heterosexual individuals to engage in behaviors to reduce medication costs.
VUMC prepared to comply with No Surprises Act
Dec. 16, 2021—Vanderbilt University Medical Center will soon deliver treatment cost estimates to all patients who do not provide insurance information when scheduling services three or more days in advance.
VanderbiltHealth.com launches out-of-pocket cost estimator
Aug. 4, 2020—The Vanderbilt Health website now features an out-of-pocket cost estimator for many hospital and professional services offered by Vanderbilt University Medical Center.
Analysis finds Affordable Care Act has dented health care cost curve
Mar. 4, 2020—A decade after the passage of the Patient Protection and Affordable Care Act (ACA) of 2010, there is evidence that the landmark health care legislation has contributed to slower growth of U.S. health care spending.
Health collaborative helps rural hospitals curb operating costs
Apr. 25, 2019—Alomere Health, a 99-bed hospital in rural Alexandria, Minnesota, is bucking a trend — thanks in large measure to its participation in the Vanderbilt Health Purchasing Collaborative (VHPC), a wholly-owned subsidiary of Vanderbilt University Medical Center.
Rounds: A message from the President and CEO of VUMC
Nov. 16, 2017—Over the year, Congress has repeatedly attempted to “fix” healthcare by altering the funding streams between states and the federal government, as well as to commercial insurers. All of this might lead one to think that Congress is focused on the most important problems facing healthcare.
New lab formulary improves quality, cuts cost
Sep. 21, 2017—An effort at Vanderbilt University Medical Center (VUMC) to enhance clinical decision making through cross-departmental collaboration and effective use of diagnostics has improved patient care and saved the institution more than $1 million in 2016, VUMC officials reported this week.
Heart failure “dashboard”
Jan. 5, 2017—A new computer algorithm developed at Vanderbilt could save billions of dollars in health care costs by identifying patients at risk for readmission after being hospitalized for heart failure.
Tennessee Poison Center at Vanderbilt University Medical Center saved an estimated $8 million in taxpayer Emergency Department costs, study says
Nov. 2, 2016—The Tennessee Poison Center, housed at Vanderbilt University Medical Center, saved taxpayers of Tennessee an estimated $8 million last year by preventing unnecessary emergency department (ED) visits, according to a survey conducted by the Center. The survey asked people who phoned the Poison Center in July, “Would you have gone to the ED if Tennessee...
Discovery Lecture explores health care cost controls
Sep. 17, 2015—“There’s no magic bullet” to control rising health care costs in the United States, health law expert Timothy Jost, J.D., said during last week’s Flexner Discovery Lecture.