Care Industry Concerned Over Financial Challenges
MANASQUAN, NJ -- July 10, 2008:
Financial constraints are the biggest challenge facing managed care in
2008, according to a survey by The
Executive Report on Managed Care.
In the Managed
Care Leadership Survey , over 51% of respondents
said both increased cost of medical supplies and reduced reimbursement
payment were contributing to their financial difficulties.
“Significant medical cost increases are
pricing employers and individuals out of the market,” said
“We are expected to improve our quality
of care through technology which is very costly while we are reimbursed
less,” said one director of a managed care organization.
Respondents listed competitive pricing among
healthcare organizations as an important step in reducing costs, in
addition to reduced cost of medical equipment and prescription drugs.
Amid challenges of increasingly uninsured patients
and reduced consumer populations, employers emphasized the importance
of cutting costs in order to improve care.
“One of the goals of any
organization,” said one respondent, has to be
“lowering the cost of provider care without impacting the
quality provided to the patient.”
The survey results and more information on
employee participation will be featured in The Executive Report on Managed
For more information on The Executive Report on Managed
Care, visit http://www.healthresourcesonline.com/managed_care/14nl.htm.
Address: The Managed Care Information Center, 1913
Atlantic Ave., Ste. F5, Manasquan, NJ 08736; (732) 292-1100,