Are Brand Name Drugs Driving Up Medicare Spending?

By Ankita Rao, Staff Writer, Kaiser Health News A new study suggests that cash-strapped Medicare missed an opportunity to save more than $1 billion by not addressing the varying costs and use of prescription drugs. “The main issue, and the only way to fix this, is to change what physicians are doing,” said Dr. Walid Gellad, a lead author and internist with the VA Pittsburgh Healthcare System and the University of Pittsburgh. Physicians in the VA system follow an approval …

Study: Health Providers Often Rewarded for Volume Over Value

By Russ Mitchell for Kaiser Health News. This story was produced in collaboration with USA Today For decades, reformers have sought to change how doctors and hospitals are paid to reward quality and efficiency – efforts that accelerated as a result of the health care overhaul. But surprisingly little progress has been made to date, a consortium of large employers reported today. Only 10.9 percent of health care spending last year by employer-sponsored plans was based on “value,” as opposed to …