Here's The Latest in Health Care:
• A new report found that the government's projection for Accountable Care Organizations, or ACOs, missed the mark by several billion dollars. The Congressional Budget Office (CBO) in 2010 projected that the program would produce $1.7 billion in net savings by 2018, a $2 billion difference than the current savings. However, the report also mentions that ACOs that participate longer eventually gain more experience and perform better, seeing greater savings. Read More
• Standards for health savings accounts (HSA) have tightened a bit this year. The annual maximum allowable contribution to a HSA is slightly lower for individuals with family coverage this year. Money deposited in a HSA is tax-deductible, grows tax-free, and can be used to pay for medical expenses. Read More
• Millennials are a driving force in the health care industry these days. In a recent survey that included participants from the baby boomer, genX, and millennial generations, millennials were less likely to have a primary care physician and more likely to utilize walk-in clinics, use online cost-tracking tools to manage medical expenses, and find telemedicine an extremely important option. Read More
• In a new study that compared the cellular effects of carbohydrates in sports drinks versus bananas, it has been found that a banana provides comparable or greater anti-inflammatory benefits than sports drinks in athletes. While bloating may be one downside, exercisers who prefer a natural and inexpensive alternative to sports drinks can count on bananas to do the job! Read More
Each Friday, Signor Goat reports the latest from the week in health care. Check back next Friday for your dose of our little medical corner of health care news. Brought to you by pMD, innovators in charge capture software.