Tag Archives: Billions

Medical device makers influence surgeons with billions in payments

The relationship between spine and joint surgeons and medical device manufacturers is coming under increased scrutiny as the former has received billions in payments from the latter in recent years. Medical device makers have paid $ 3.1 billion to orthopedic and neurosurgeons from 2013 to 2019, based on data from the federal government website OpenPayments,… Read More »

VA OIG: EHR modernization cost estimates too low by billions

A Department of Veterans Affairs Office of Inspector General audit found that the Veterans Health Administration underestimated the cost of its electronic health records modernization project to the tune of billions of dollars. The report, released earlier this week, noted that the preparation for the deployment of the Cerner EHR at VA facilities required significant… Read More »

Americans Skip Meds and Borrow Billions to Pay for Basic Health Care

Last year, Americans borrowed a whopping $ 88 billion to pay for their health care, according to a nationally representative survey. What’s more, 45 percent of respondents said they feared that a major health care crisis would lead to bankruptcy, and nearly 25 percent of respondents reported skipping medical treatments in order to cut costs.… Read More »