Boston Childrens Hospital Measuring Patient Costs Robert S Kaplan 2013
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Boston Children’s Hospital has been awarded two grants to develop cost-effectiveness metrics for its treatment of children with rare and complex disorders. These grants are the result of a collaboration between Boston Children’s Hospital and Harvard’s Broad Institute to establish a global research collaborative focused on improving patient outcomes through the development of new analytical methods. The research project was approved by the NIH, which awarded $1.2 million, and Harvard’s $500,000 in total. The Boston Children’s Hospital is
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In this study, the Boston Children’s Hospital evaluated the costs of patients who received outpatient care, including emergency room services. great site The total costs of each patient ranged from $438 (low) to $8,546 (high). Patient expenses varied with the clinic they visited, but all received the same treatment. In all areas, the costs were about half those of a similar patient in a medical center. The difference was even more noticeable for emergency care. The Harvard Medical School report revealed that costs of emergency care at Boston Children’
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Boston Children’s Hospital, a children’s hospital based in Boston, Massachusetts, is the world’s largest pediatric hospital by area of operation. you can try here The hospital performs about 320,000 inpatient admissions, about 650,000 outpatient visits, and about 15 million outpatient procedures annually. Despite its size, the hospital has undergone significant changes in the past decade, as it has transformed from a regional pediatric center to a premier academic medical center. The
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Boston Childrens Hospital Measuring Patient Costs 2013 I was lucky to attend Boston Childrens Hospital’s annual meeting in April of 2013, and was struck by the remarkable success story of “Risk Adjustment” and how “patient cost-shifting” had dramatically improved the hospital’s financial standing. Boston Childrens Hospital is one of my favorite institutions. When I started working at the hospital in 1969, it was still the only “pediatric” hospital
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Boston Children’s Hospital is a major pediatric center located in Boston, Massachusetts. It serves nearly 5 million children and their families per year, from around the world. The hospital offers comprehensive care in more than 275 specialties, including pediatric subspecialties, and also provides an integrated system of care for pediatric acute care, ambulatory pediatrics, long-term care, and hospice care. Boston Children’s Hospital has implemented a patient cost measurement system, using data from its electronic medical record system,