healthcare markets
Payment reform webinar slides and video posted
Yesterday Bob Berenson of the Urban Institute graciously walked dozens of webinar participants through the pros and cons of the main payment reform options – fee-for-service, capitation/population-based payment, shared savings and bundles/episodes – and the key challenges of each. Several CT plans are now considering implementing shared savings models, including Medicaid. The main takeaways, from…
Read MoreHealthcare tops US nonprofit employment; CT health care employs one in seven private sector workers; state health care workers average 25% higher pay
At 7.7 million workers, healthcare and social assistance employment topped other industries in US nonprofits in 2012 with more than four times as many workers as the next largest category (education), according to the Bureau of Labor Statistics. However, healthcare and social assistance wages at US nonprofits was about average among industries, averaging $47,324 that…
Read MoreMalloy signs bills allowing for-profit hospital conversions and not allowing e-cigarettes for minors
Among the 23 bills signed by Gov. Malloy yesterday was SB-35which eases CT hospitals’ conversion to for-profit status, however with more restrictions and protections for patients and workers. The Governor also signed SB-24making the sale of e-cigarettes to minors illegal.
Read MoreHospital conversion bill passed, but outcome not clear
In the last hours of the session the General Assembly passed legislation regarding for-profit hospital conversions and hospitals’ ability to merge with physician practices. The legislation was proposed in response to Tenet’s plans to partner with Yale-New Haven, Waterbury, Manchester, Rockville, and Bristol hospitals. The deal required the ability of for-profits to purchase physician practices.…
Read MoreCT sick leave law — many benefit, little or no impact on businesses
Final results from a study confirm that, contrary to predictions, CT’s 2011 paid sick leave law did not cause an undue burden on businesses or the state’s economy. Confirming preliminary results, the study found that the law has brought important relief to tens of thousands of workers, predominantly in health/education/social services, hospitality and retail establishments,…
Read MorePaid sick leave not a burden on CT businesses
Two years ago CT became the first state to require businesses with 50 or more employees to cover sick leave for workers. A new survey finds that, despite concerns, the policy has largely been a non-issue for CT businesses. The change in policy had little impact and little to no cost for companies but did…
Read MoreWaterbury Hospital for-profit takeover community forum tonight
A community forum on Vanguard/Tenet’s planned takeover of Waterbury Hospital will be tonight at 7pm at St. John’s Episcopal Church, 16 Church St. in Waterbury. Community and labor organizations are concerned about the for-profit, out of state company buying the nonprofit hospital.
Read MoreFor-profit Vanguard and Yale-New Haven set to takeover ECHN
Eastern CT Health Network, including Rockville and Manchester Hospitals and their networks, has entered an agreement with for-profit Tennessee-based Vanguard Health Systems and Yale-New Haven Health Systems. Under the agreement Vanguard will takeover outpatient facilities at both hospitals and Yale will provide clinical support. Vanguard is also seeking to acquire Waterbury Hospital and more…
Read MoreState health care pooling plan growing slowly
The Comptroller’s Office announced this week that the CT Partnership Plan, allowing municipalities and other non-state governments to buy into the state employee plan, has 2,415 members from eight municipal entities at the end of a year saving between 1 and 36% on health benefits. While enrollment has lagged behind expectations, it is growing. Comptroller…
Read MoreGovernor vetoes bill allowing for-profits into medical foundations
Yesterday the Governor vetoed SB-992, a bill that would have allowed for-profit entities to join medical foundations to provide health services. The bill language was added to a different bill in the last hours of the legislative session. The bill resulted from lobbying by Waterbury Hospital and the for-profit Vanguard Health Systems from Tennessee…
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