THIS WEEK IN U.S. DOMESTIC MEDICAL TRAVEL

Volume 2, Issue 5

Dear Colleagues,

A group of Harvard Business School (HBS) students are examining the domestic medical travel industry during their course work at HBS. They are undertaking research to determine appropriate ways for hospitals and providers to market directly to consumers, engage employers or stimulate health plan participation.

A first for U.S. Domestic Medical Travel, this spotlight interview reverses roles, with the students posing the questions and Laura Carabello, editor and publisher, U.S. Domestic Medical Travel, providing information and guidance. Let us know what you think!

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.

We wish all of our readers a happy, healthy and peaceful holiday season, with much joy and success in the coming year.

"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: A Team of Graduate Students, Harvard Business School (HBS)

The HBS asked Laura Carabello to provide a brief overview of how providers market a domestic medical travel offering.

Recently, I moderated a program at the Self Insurance Institute of America's (SIIA) annual event, and recruited four outstanding panelists: Cheryl DeMars, CEO, The Alliance - a large employer group based in Wisconsin; Trisha M. Frick-Hall, M.S., R.N., assistant director, Managed Care Contracting, Office of Managed Care, John Hopkins Healthcare LLC; David LaMarche, MBA, administrative director of Finance, Virginia Mason Medical Center; and Ruth Coleman, CEO, Health Design Plus - a third party administrator (TPA) that handles medical travel for a number of the nation's largest employers.

Click here to read the full story

Executive Editor and Publisher, Laura Carabello, Talks U.S. Domestic Medical Travel

Executive editor and publisher Laura Carabello authored an article entitled: "U.S. Domestic Medical Travel: Making the Move toward Value-Based Care," which was recently featured in Accountable Care News (Volume 6, Number 11).

Read the intro below:

"In today's complex healthcare environment, self-insured employers and health plan advisors recognize that reining in healthcare costs is the key to long-term sustainability. "Medical Travel" or "Travel for Treatment" -- leaving one's home state or region to travel to a Center for Excellence (COE) for high quality, more affordable surgical procedures or episodes of treatment - has emerged as a key strategy for this type of value-based purchasing."

To read the full article, subscribe to the publication here: http://www.accountablecarenews.com/.

Employer Direct Contracting: Significant Benefits for Employers, Providers & Patients
by Laura Carabello

Original Source: The Healthcare Savings Quarterly- Healthcare reform is kicking into high gear, impacting Employers, Providers and Patients across the United States. Many large Employers face substantial monetary penalties for non-compliance with the new regulations, even as the cost of providing health benefits continues to rise. In response, business leaders are adopting new strategies to combat the impact on the bottom line and ensure quality outcomes.

To view the original article click here.

Medikey™ Partners with Teladoc and eDocAmerica to Offer Consumers Direct Access to Healthcare Providers by Video Chat or Telephone
Quality, convenient medical services and savings tools now available for individual purchase: https://www.yourmedikey.com

Medikey™, a health data aggregator that empowers consumers and employers to take greater control over healthcare costs, today launched a partnership with Teladoc (NYSE:TDOC) and eDocAmerica to offer underinsured and uninsured consumers unprecedented access to quality, affordable medical care online or by telephone. A benefit once available only through employers and health plans, consumers can now access directly from Medikey™ this type of convenient, non-emergency care from board-certified physicians, nurses, psychologists, pharmacists, dentists and fitness experts for $50 annually.

Click here to read the full story

Study Finds One in Three Family Physicians Are Already Pursuing Value-Based Payment
Lack of time identified as one of the top barriers to implementing value-based care delivery

One in three (33 percent) family physicians are already actively pursuing value-based payment opportunities today, with another 19 percent developing value-based payment capabilities, but waiting until results are better known before fully pursuing, according to a study conducted by the American Academy of Family Physicians (AAFP) and sponsored by Humana Inc. (NYSE: HUM).

Click here to read the full story

After One Year of Use Dallas Area Medical Group Finds Paperless Solution Dramatically Cuts Billing Costs
PatientPay Cuts Billing and Payment Expenses 59 Percent for Pediatric Associates of Dallas After 12 Months of Use

A survey conducted by PatientPay, the leader in healthcare payment solutions, found changes in healthcare have forced doctors across America to closely examine the business side of their practices. In particular, the expansion of high deductible health plans (HDHPs) have changed who doctors look to for their money.

Click here to read the full story

The Leapfrog Group Designates Children's Hospital Los Angeles as a 2015 Top Hospital for Excellence in Safety, Quality and Efficiency
CHLA, one of only a dozen children's hospitals across the nation, named to prestigious Leapfrog Top Hospital 2015 list

The Leapfrog Group has named Children's Hospital Los Angeles as a Leapfrog Top Hospital for 2015. The designation is considered one of the hospital industry's elite benchmarks of patient safety and quality care, and Children's Hospital Los Angeles is the only pediatric medical center in Los Angeles County to receive the distinction.

Click here to read the full story

More Hospitals Closing in America?
by Adel Eldin, M.D.

A recent article showed eight hospitals filed for bankruptcy protection or actually closed since October, and it is happening all over the country as more than 50 hospitals already shut down mostly serving rural America.

For example, St. Mary's Hospital in Illinois plans to discontinue services and sell to another company, which may use it as an outpatient facility.

Click here to read the full story

Health Care Administrators Association (HCAA) Announces Keynote for 2016 Executive Forum

Sen. Tom Daschle headlines event with keynote session on "An Insider's View on President Obama's Public Policy and Its Implications for the Election of 2016"

The Health Care Administrators Association (HCAA), a leader in advocacy, education and networking for the self-funding industry, announces that its 2015 Executive Forum, February 9-11, 2016, at Caesars Palace in Las Vegas, will feature Sen. Tom Daschle as the opening keynote speaker of the event. Sen. Daschle will present "An Insider's View on President Obama's Public Policy and Its Implications for the Election of 2016" on Wednesday, Feb. 10 from 8:30-10:00 a.m.

Click here to read the full story

Health Spending Jumps as PPACA Kicks In
by Jack Craver

Benefitspro.com-After five years of relatively slow growth, U.S. healthcare spending rose significantly in 2014, bolstered by millions of new insurance consumers who gained coverage through the Patient Protection and Affordable Care Act.

To read the original article click here.

CMS: Healthcare spending rises significantly in 2014
Up 5.3 percent, reaching $3 trillion for the first time
by Ron Shinkman

Fiercehealthfinance.com-Healthcare spending, which had been subdued to historic lows in recent years, appears to be rebounding in a big way, according to a new federal study.

To view the original article click here.


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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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Printable Version

Copyright © 2015
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

A Team of Graduate Students, Harvard Business School (HBS)

News in Review

Executive Editor and Publisher, Laura Carabello, Talks U.S. Domestic Medical Travel

Employer Direct Contracting: Significant Benefits for Employers, Providers & Patients

Medikey™ Partners with Teladoc and eDocAmerica to Offer Consumers Direct Access to Healthcare Providers by Video Chat or Telephone

Study Finds One in Three Family Physicians Are Already Pursuing Value-Based Payment

After One Year of Use Dallas Area Medical Group Finds Paperless Solution Dramatically Cuts Billing Costs

The Leapfrog Group Designates Children's Hospital Los Angeles as a 2015 Top Hospital for Excellence in Safety, Quality and Efficiency

More Hospitals Closing in America?

Health Spending Jumps as PPACA Kicks In

CMS: Healthcare spending rises significantly in 2014

NETWORKING JUST GOT EASIER