June 6, 2013

Cover Story

Featured Articles

Reform by Any Other Name

Healthcare Reform Panel

Prescription for Change

Sections

Features
Reform by Any Other Name

Features
Healthcare Reform Panel

Healthcare Reform
Prescription for Change

Healthcare Reform
Not a Bitter Pill

Healthcare Reform
Beyond Diagnosis

Healthcare Reform
Cut Out the Middle Man

Article

Beyond Diagnosis

What is the Treatment for Spiraling Healthcare Costs?

June 6, 2013

For example, hospitals that are involved in the American College of Surgeons National Surgical Quality Improvement Program (ACS NSQIP) report between 250 and 500 fewer complications per hospital each year. At an average cost of $11,626 per complication, that translates to annual saving of up to $5.8 million per hospital. Across the industry, it results in savings of up to $26 billion each year.

The University of Utah Health Care system has already used the quality improvement efforts to hold down healthcare cost increases. The U’s healthcare cost inflation rate has been about 1.2 percent over the past few years, while the national average is 3.5 percent.

On the Right Path

The system, as a whole, is starting to improve. Mulvihill notes that deaths related to heart disease have been on a steep decline for decades, and “we’re starting to bend the curve on cancer mortality.”

Great strides also have been made in the area of genetics and personalized medicine.

As more hospitals and providers focus on creating a healthier population, determining which healthcare processes are valuable and effective, and holding down costs for those procedures, communities will begin to get a handle on cost escalation.

Not that this will be easy for anyone.

“You can’t do this and have patients unhappy with your care; we can’t have death panels, right, that can try to withhold important care from people,” says Mulvihill. “So we have to go down a path where we’re able to talk to people about these difficult issues, about how much healthcare is appropriate to utilize.”

Page 12
Utah Business Social
UB Events View All
Sustainable Business Awards 2014Utah Business Event
Nov 13, 2014
Utah Business magazine along with presenting sponsor Big D Construction, premier sponsor Rocky Mo...
Best Companies to Work For 2014Utah Business Event
Dec 11, 2014
Utah Business magazine along with our sponsors Diversified Insurance and Miller Motor Sports Park...
SAMY Awards 2015Utah Business Event
Jan 23, 2015
Utah Business magazine along with Presenting Sponsor Griffin Hill are pleased to present the 201...
Community Events View All
Discovery Gateway's Halloween Spooktacular
Oct 31, 2014
Join Discovery Gateway: The Children's Museum of Utah, for its annual SUPER FUN Halloween celebra...
Grief and the Holidays
Nov 3, 2014
Caring Connections: A Hope and Comfort in Grief Program will hold its annual Grief and the Holida...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel