Mergers and acquisitions directly affect care and patient access to it. Is this a good idea? Himachal Mukhopadhyay discusses the pros and cons.
Merging of healthcare payers and providers undoubtedly impact both the cost of care and patient’s access to it and according to industry insider Himachal Mukhopadhyay, it’s important to have a clear view of the impact in the long run.
It’s a question which has a considerable debate across the medical industry as a whole, putting antitrust laws as well as current care models into the spotlight, and determining whether their future is viable.
Healthcare Mergers Increasing
According to numerous sources, healthcare mergers between payers and providers is on the rise. Up 13 percent more in 2017 than in 2016, these mergers have prompted fierce debate within the industry about what this means for the future of healthcare, for payers, providers, and patients.
There are both pros and cons. Pessimists of mergers think that massive healthcare mergers mean that there are fewer options available when it comes to choosing healthcare payers and providers. This limits competition, which in turn stifles innovation and prevents prices from dropping. Ultimately, if this creates a healthcare monopoly, it will hit the patient the hardest, leading to massive cost increases and lower rates of access.
Gregory Curfman, MD, assistant professor of medicine at Harvard Medical School, agrees.
“When individual hospitals merge into larger systems, they gain a larger share of the consumer health market,” Curfman wrote in an article for a Harvard Health blog. “That puts them in a position to ask health insurance companies to pay more for medical care and procedures.
These higher prices are not borne by the insurers, but by consumers in the form of greater premiums. Thus, some economists argue, mergers drive up health care costs and place added financial pressure on consumers.”
Supporters of healthcare mergers, however, say that the outlook isn’t as dark as others make it out to be, and professionals such as Himachal Mukhopadhyay believe it’s important to see both sides of the debate.
Mergers, they argue, are necessary to weather the changes which are currently affecting the industry as a whole, throughout the country, and that by consolidating resources and businesses, they will be able to provide more effective healthcare throughout the country while keeping a cap on spending.
They also claim that structural changes to healthcare institutions could lower costs, meaning that patients will ultimately pay less.
Feel like your soccer skills have plateaued? Up your game with these tips from Himachal Mukhopadhyay.
Like any sport or skill, improving your soccer game is all about practice. Most kids get their start by playing ball with friends, or running some simple drills in their backyard. And while this will definitely get you started in the game and go a long way to equipping you with the physical chops and stamina needed to play soccer, it’s never going to be enough for you to master the finer aspects of the game. Improving your soccer skills requires having intricate knowledge about the fundamentals of the game, as well as having a plan in place to improve. Below, with the help of soccer enthusiast Himachal Mukhopadhyay, we’ll take a look at a number of different techniques you can utilize to improve your game.
Soccer is an incredibly physically intensive sport and requires a player to have impressive cardiovascular training in order to participate throughout the entire game. According to Himachal Mukhopadhyay, conditioning yourself to run for long periods of time is key to being a consistently effective player. If you’re not fit enough to play for the entire duration of the game, you’ll find yourself unable to keep up with and counter players on the opposite team. Practice springs as well as long distance running to ensure that your body can handle the physical demands on 90 minutes of intense sprinting.
Perfect your technique
“Technique is everything.” Himachal Mukhopadhyay says. “It’s not enough to be able to kick a ball. You have to be able to aim the ball and deliver the precise amount of power that you intended to give it.” This isn’t just with regards for shooting, the advice applies to every technique involved in soccer. From passing and dribbling to defending and throwing the ball in from a corner, having proper technique is one of the fastest ways of improving your game.
Use a wall if you don’t have any other equipment
If you have a massive field with other players to practice on, great! If not, a humble wall will make for a great training tool. Practice blasting the ball against it to improve your accuracy and power control, and use different parts of your foot to improve different ways of kicking. According to Himachal Mukhopadhyay this technique will help your passing and shooting game immensely.
In the United States health insurance is one of the most contentious issues currently being debated among voters and constituents. The healthcare industry is a booming one, but it’s also changing extremely quickly. These changes will not only affect patients and consumers, but will also have an impact on healthcare payers and providers. Below we’ll address a number of issues currently threatening healthcare payers within the healthcare payer space with the help of expert Himachal Mukhopadhyay.
Ensuring Costs Don’t Spiral Out of Control
“Keeping costs under control is a challenge for any business – established or fledgling – and the healthcare industry is no different.” Himachal Mukhopadhyay says. Private insurers often don’t have the purchasing power that governments have, and because of that they’re beholden to price hikes of drug companies and hospitals. Keeping the costs of these products and services under control is key to ensuring that healthcare payers can continue to offer affordable services.
Retaining Current Number of Members
According to Himachal Mukhopadhyay, retaining members within the healthcare payer space is critical for ensuring that overheads are consistently met. As private insurers move towards value-based-care, they will work harder and offer incentives to keep patients healthy; this in turn will reduce the amount of money the insurer will have to spend to keep that patient healthy during their lifetime. If patients choose to switch to another insurer, they take with them all the benefits afforded to them by their current healthcare payer, thus wasting money.
The 2017 Tax Cuts and Jobs Act will start to have an increased effect in 2019, according to Himachal Mukhopadhyay. This reform will affect payers and providers in different ways, and for profit companies will be able to repatriate foreign cash at a favorable rate. Most payers and providers don’t have foreign companies or services and so won’t be able to benefit from this repatriation. There were also other aspects of the Act which could negatively affect both payers and providers.
Higher Administrative Costs
As the call volume increases in healthcare so do administrative costs. A greater network of providers is needed to assist with determining patient liability amounts in advance. This will ultimately increase the volume of calls across the board as patients enquire about provider invoices and other costs.
Baseball and cricket might look similar, but they also have a lot of differences. Himachal Mukhopadhyay discusses.
Baseball is the great American pastime, and one that most people in the USA won’t need any explaining in order to understand how a game works. Cricket, on the other hand, is a completely different story. While the game shares some similarities to baseball – both games essentially share the same goal; hitting a ball with a stick to score points – they vary wildly when it comes to specific rules and particular styles of gameplay. It doesn’t make it any less interesting or exciting, however. In order to understand the game more comprehensively, we’ve put together this article with the help of cricket expert Himachal Mukhopadhyay. Read more below.
Cricket is played on an oval field
“While baseball is played on a diamond or pentagon shaped field, cricket is played exclusively on an oval field.” Himachal Mukhopadhyay says. To the casual observer the field may look round, but the field is actually curved into an oval shape. All the action takes place at the center of the oval, which is called a pitch (instead of a mound in baseball). The rest of the field is divided into two sections radiating outwards from the pitch – closest is the infield, and beyond that is the outfield.
The rules aren’t as complicated as you think
“The basic goal of cricket is pretty simple.” Himachal Mukhopadhyay says. “Two players called batsmen attempt to hit a ball thrown by a bowler. Once they hit the ball both batsmen have to run to opposite ends of the pitch. If they do this successful they score a point, called a run. They can run as many time as they like after they hit the ball, but if the ball is thrown into their wickets while they’re outside of a safety zone called the crease, they’re out of the game.” If a batsman hits the ball all the way to the boundary of the field he gets four runs, if he does it without the ball touching the floor, he scores six. If someone of the other team catches the ball before it touches the ground, the batsman is out. The game is split up into chunks of time called “overs”, consisting of six throws, or bowls, each.
Cricket can last a very long time
Unlike baseball, which generally only lasts one day, cricket games can take up to five days depending on the type of game being played. According to Himachal Mukhopadhyay the different types include test matches, one days, five days as well as a very game called a twenty:twenty, in which both teams only have 20 overs each.