News
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2017 National Health Spending Growth Estimated at 4.7%
Press Release
February 13, 2018
National health spending grew by 4.7% in 2017, according to Altarum’s latest Health Sector Economic Indicator Reports.
Economic Toll of Opioid Crisis in U.S. Exceeded $1 Trillion Since 2001
Press Release
February 13, 2018
The cost of the country’s opioid crisis is estimated to have exceeded $1 trillion from 2001 to 2017, and is projected to cost an additional $500 billion by 2020, according to analysis released today by Altarum, a nonprofit health research and consulting institute.
Altarum Introduces MIPScast™: A Scoring Tool that Helps Clinicians Achieve the Highest Possible Merit-based Incentive Payment System (MIPS) Scores
Press Release
January 23, 2018
Altarum announces MIPScast™, a user-friendly, interactive web-based tool designed to help clinicians predict and improve their Merit-based Incentive Payment System (MIPS) scores in order to comply with the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA).
National Health Spending Holds Steady at 18% of GDP
Press Release
January 12, 2018
U.S. health sector spending continues to grow at a more sustainable rate, driven in part by a slowdown in hiring, hospital spending, and price growth in hospitals, physician and clinical services, and prescription drugs, according to Altarum’s latest Health Sector Economic Indicators briefs.
Michigan Association of Health Plans Selects Payformance Solutions to Ease Medicaid Value-Based Contracts
Press Release
January 8, 2018
Payformance Solutions, a leading provider of value-based reimbursement solutions and services, today announced a pilot program with the Michigan Association of Health Plans (MAHP) in which the state's Medicaid managed care organizations (MCOs) will have the opportunity to use Payformance's TrustHub solution to collaborate through data sharing and strategic planning to uncover the best opportunities in value-based contracting.
Health Care Spending Growth Appears to Stabilize in 2016, 2017
Press Release
December 15, 2017
New data released by the Centers for Medicare & Medicaid Services (CMS), which show slower growth in 2016, combined with other slow-growth trends in 2017, suggest overall national health spending is stabilizing, according to Altarum’s monthly Health Sector Economic Indicators briefs.
WIC Pilot Program Launches Preventive Dental Services to Children in Detroit and Beyond
Press Release
December 14, 2017
A partnership between several nonprofit and government organizations has led to more than 1,000 children over the past year visiting a dentist in Wayne County.
Altarum's Response to CMS's Request for a "New Direction"
News
December 1, 2017
Altarum responded to the CMS Innovation Center’s informal Request for Information on a new direction to promote patient-centered care and test market-driven reforms that empower beneficiaries as consumers, provide price transparency, increase choices and competition to drive quality, reduce costs, and improve outcomes.
Controlling Healthcare Spending Through Bundled Payments
Press Release
November 21, 2017
Altarum and Payer Compass announce the combining of Altarum’s PROMETHEUS Analytics®, the model for all bundled payment programs implemented in the United States, and Payer Compass’s proprietary claim pricing technology, VisMed, to deliver a true, complete cost for healthcare procedures.
Altarum Introduces Payformance Solutions to Facilitate Value-Based Reimbursement Contracts
Press Release
November 16, 2017
Nonprofit research and consulting organization Altarum announces the launch of a new company, Payformance Solutions, an innovative provider of value-based reimbursement solutions and services, to advance payment transformation in the healthcare industry.
Burden of Opioid Crisis Reached $95 Billion in 2016; Private Sector Hit Hardest
Press Release
November 16, 2017
The benefits of putting an end to the opioid crisis exceeded $95 billion in 2016 according to an analysis released today by Altarum, underscoring the importance of swift investment in evidence-based interventions.
Sluggish Hospital Spending Continues to Restrain Growth in Overall Health Spending
Press Release
November 9, 2017
Total health spending growth in September was 4.3% higher compared to a year earlier primarily due to slow growth in hospital spending.
Most Americans Still Lack a Sure Source of Health Care Price and Quality Information
Press Release
November 8, 2017
Most states fail to provide consumers with the information they need to make informed health care choices and even fewer provide data on the price and quality of care together, according to a report by independent nonprofit organizations Altarum and Catalyst for Payment Reform (CPR).
Altarum Introduces PROMETHEUS Analytics: A Suite of Products to Advance Health Care Payment, Quality, and Value Initiatives
Press Release
October 30, 2017
Altarum today announces that PROMETHEUS Analytics®—the model for all bundled payment programs implemented in the United States—has expanded its product suite to include four new value-based health care analytics platforms.
Health Care Price Growth Plummets to Lowest Rate in Almost Two Years
Press Release
October 11, 2017
Fueled by health policy uncertainty and structural health sector changes, health care price growth in August rose by only 1.2% compared to a year earlier.
Altarum Introduces Innovative New Health Benefit Plan
Press Release
September 12, 2017
To provide consumers with an affordable alternative to high deductible health plans (HDHPs), Altarum has created an innovative new model for those who use health care the most.
Growth in Health Hiring and Hospital Spending Decline
Press Release
September 8, 2017
Health Sector Economic Indicators September
Altarum Behavioral Health Experts to Help Ohio County Address Opioid Crisis
Press Release
August 24, 2017
With new funding from the Nord Family Foundation, Altarum will help identify and evaluate available resources and offer recommendations on how services could be better coordinated to combat the opioid epidemic in Lorain County, OH—where recent overdose deaths from opioids are more than twenty times higher than in years past.
July Hiring Increase at Odds with Trend Toward More Sustainable Health Spending
Press Release
August 11, 2017
This month's Health Sector Economic Indicator Briefs reduce estimates of national health spending by 0.57% for all of 2016 and 0.65% for the first 5 months of 2017.
Expanded Program Reaches More Michigan Children and Infants with Oral Health through WIC
Press Release
August 10, 2017
A successful pilot program is expanding so that infants and children in Detroit, outer Wayne County, Kent County, and Oakland County can start life as healthy as possible, beginning with healthy teeth.
