NJ hospitals pioneer cost-cutting model
Posted: Feb 18, 2013 10:42 AM EST Updated: Feb 18, 2013 10:43 AM EST
By GEOFF MULVIHILL
Associated Press
PRINCETON, N.J. (AP) – A program to reduce medical costs in New Jersey is going national.
Since 2009, a dozen New Jersey hospitals have given doctors bonuses when they save the hospitals money as they treat patients covered by Medicare. It’s a concept called gainsharing.
The New Jersey Hospital Association says costs have been reduced 8 to 10% at the hospitals over the first three years of the program.
Read more: https://www.myfoxny.com/story/21232207/nj-hospitals-pioneer-cost-cutting-model#ixzz2LGeZTUDi
