THIS WEEK IN U.S. DOMESTIC MEDICAL TRAVEL

Volume 2, Issue 15

Dear Colleagues,

As Vice President of HealthSCOPE Benefits - the largest independent third-party administrator (TPA) in the U.S. - Tim Hyde offers his insight on the development of the medical travel industry.

Hyde asserts that while international medical travel may have been more popular in the past, the interest in domestic medical travel seems to have spiked in recent years, in part due to the light that is being shed on transparency.

More and more employers are considering a domestic medical travel benefit for their workers as an affordable way to access high-quality, lower cost care.

Read on to find out where Tim Hyde believes the industry will be heading.

We're starting to hear from many hospitals, independent surgi-centers and provider groups that want to be better positioned to serve self-funded employers offering medical/surgical travel options.  If you have a good story to tell us, please be in touch!  We want to boost opportunities for Centers of Excellence nationwide. 

Tell us:
What distinguishes your service offering in terms of cost, patient experience and satisfaction, outcomes, or other quality indicators. 

Send us your descriptor, including photos or charts, and we will evaluate for publication in this newsletter.

"Rising health insurance premiums, lack of transparency and increased awareness of how varied medical costs and quality vary dramatically between hospitals and across regions, have pushed consumers right into the arms of international and domestic medical travel. The growing industry provides the perfect solution for patients to receive the high-quality, cost-effective care that they need AND rightfully deserve!" - Laura Carabello, Executive Editor and Publisher, Medical Travel Today and U.S. Domestic Medical Travel.

READERS: I invite you to send quotes relevant to domestic medical travel to editor@usdomesticmedicaltravel.com to be featured in upcoming issues of U.S. Domestic Medical Travel.

Thank you for your interest in this exciting, growing market space. Please be in touch with your comments and editorial contributions, which can be sent directly to: editor@USDomesticMedicalTravel.com.

Laura Carabello
Editor and Publisher

 

SPOTLIGHT: Tim Hyde, Vice President, HealthSCOPE Benefits

http://www.healthscopebenefits.com/

About Tim Hyde
Tim Hyde serves as Vice President for HealthSCOPE Benefits. In this capacity, Mr. Hyde is responsible for national account service, relationship management, implementation of new business, and new business sales.

Mr. Hyde began employment with HealthSCOPE Benefits in 2003, developing relationships with multiple new and existing clients, serving that role until 2012. At that time, Mr. Hyde left HealthSCOPE Benefits as President of National Accounts for Cornerstone Benefits, a full-service life and health insurance brokerage firm based in Fort Smith, Arkansas. However, in 2013 he was brought back to HealthSCOPE Benefits in his current role as Vice President. Prior to employment with HealthSCOPE Benefits, Mr. Hyde was a Certified Financial Advisor in Little Rock, Arkansas, for both Merrill Lynch and Morgan Stanley. In this capacity, he developed an extensive book of business, gaining knowledge in the areas of asset allocation, financial planning, and individual and group insurance. Mr. Hyde is a licensed insurance agent and received a Bachelor of Business Administration Degree from Mercer University in Macon, Georgia.

Click here to read the full story

Big Hospital Network Cracks Down On The Right To Sue
Heard on All Things Considered
By April Dembosky

NPR.org-San Francisco Bay Area companies say Sutter Health is strong-arming them into a contract that would help the hospital system secure its power over prices and potentially raise the cost of medical care for their employees in the future.

To view the original article click here.

Wide Variation in Medicare Payments to Treat Post-Surgical Complications
by Ron Shinkman

Fiercehealthcare.com-Post-operative complications are always costly. But depending on the hospital, they can cost much more than anticipated.

To view the original article click here.

Bundled Payments: What Healthcare Leaders Need to Know
by Zack Budryk

Fiercehealthcare.com-Despite mixed results, Medicare is betting big on bundled payment initiatives. And that means healthcare leaders must fully understand the payment model.

To view the original article click here.

Vt. Makes Deal for Health Care Overhaul
by Neal P. Goswami

Rutlandherald.com-Vermont has reached a deal with the federal government to move forward with a plan to overhaul the way health care is paid for in Vermont.

To view the original article click here.

Cleveland Clinic Exec: Bundled Payments Require Close Clinical Attention
by Ron Shinkman

Fiercehealthcare.com- Success in the bundled payment environment requires extensive preparation and planning before a patient enters a hospital--even when the organization is powerful, prestigious or well-managed.

To view the original article click here.

New Jersey's Top Non-Profit CEOs are Paid Millions
by Ron Shinkman

Fiercehealthcare.com-The highest-paid non-profit hospital chief executives in New Jersey earn well over $1 million a year, with most earning more than $2 million.

To view the original article click here.

Quality Improvement Interventions Successfully Increased E-Prescribing Frequency by Nearly 40%
by Anuja Vaidya
Becker's Hospital Review is the original producer/publisher of the content.

A new study, published in Pediatrics, examined if a quality improvement initiative could increase the frequency of electronic prescribing at a children's hospital.

To view the original article click here.


http://www.namesleuthapp.com

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JOB OPPORTUNITIES
Do you know of any available job openings relative to the U.S. domestic medical travel industry? We encourage readers to submit any available, relevant job opportunities along with its descriptions and requirements for fellow readers and industry professionals to consider. All submissions are appreciated.

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Copyright © 2016
U.S. Domestic Medical Travel™

About U.S. Domestic Medical Travel
U.S. Domestic Medical Travel, a sister publication to Medical Travel Today www.medicaltraveltoday.com, is a newsletter published by CPR Strategic Marketing Communications, an international marketing and public relations agency based near New York City that specializes in healthcare and life sciences. In the new era of health reforms, U.S. Domestic Medical Travel discusses the growth of domestic medical travel and its importance to hospitals, employers, insurers, health plans, government, TPAs, brokers and other intermediaries.

For advertising inquiries, please email us at advertising@usdomesticmedicaltravel.com

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Spotlight Interview

SPOTLIGHT: Tim Hyde, Vice President, HealthSCOPE Benefits

News in Review

Big Hospital Network Cracks Down On The Right To Sue

Wide Variation in Medicare Payments to Treat Post-Surgical Complications

Bundled Payments: What Healthcare Leaders Need to Know

Vt. Makes Deal for Health Care Overhaul

Cleveland Clinic Exec: Bundled Payments Require Close Clinical Attention

New Jersey's Top Non-Profit CEOs are Paid Millions

Quality Improvement Interventions Successfully Increased E-Prescribing Frequency by Nearly 40%

NETWORKING JUST GOT EASIER

Help Save a Life and Support Matching Donors