Ad Hoc Efforts Help Cut U.S. Healthcare Costs

Ad Hoc Efforts Help Cut U.S. Healthcare Costs

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Stethoscope There is a glimmer of hope in the U.S. health care system for cutting sky-rocketing costs. Innovative programs have helped reduce costs by millions of dollars for those heath care networks willing to try something new.

One Utah group of 23 hospitals noticed that by eliminating early induction of labor for pregnant women, and the many risks and complications involved, it could save over $40 million per year and have healthier outcomes.

Another example is Group Health Cooperative, a Seattle-based nonprofit system that provides both health insurance and medical care. By linking doctors, hospitals and insurance coverage in a single system they have eliminated the fee-for-service incentives many blame for sky-high healthcare costs elsewhere.

(READ the story from Reuters)