Health Law Provisions Spur Business Partnerships, New Opportunities
The New York Times reports that the Betty Ford Center and the Hazelden Foundation are pursuing an alliance while Kaiser Health News reports on how hospitals are sometimes caught in the middle of competing incentives.
The New York Times: Betty Ford Center And Hazelden Seek Business Partnership
With the Affordable Care Act poised to make addiction treatment available to millions of new patients, the Betty Ford Center and the Hazelden Foundation, two of the biggest names in substance abuse recovery, are pursuing a formal business alliance, the two groups said Tuesday (Quenqua, 6/5).
Kaiser Health News: Capsules: Of ACOs And Proton Beams: Why Hospitals 'Live In Two Worlds'
For the past several years, hospital CEOs have been talking a big game about accountable care—the latest health care model, which pays doctors and hospitals for quality, rather than the volume of services they provide. ACOs make providers jointly accountable for the health of their patients, giving them financial incentives to cooperate and to save money by avoiding unnecessary tests and procedures (Gold, 6/6).
In other marketplace news --
The Associated Press/Washington Post: UnitedHealth Board Approves 32 Pct Increase In Quarterly Dividend To 28 Cents Per Share
UnitedHealth Group will raise its quarterly dividend by another 32 percent as the price of its stock hits all-time highs. The payout is being made in the face of funding cuts to a key portion of the health insurer's business starting next year (6/5).