NJ hospitals pioneer cost-cutting model

NJ hospitals pioneer cost-cutting model

Posted: Updated:

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.

Dr. Anthony Granato says the incentives have made him think about costs in a way he never had. And he says he's made simple changes to reduce costs, such as using less expensive antibiotics when he can.

As part of the national health care overhaul, the program has been made available to hospitals nationwide.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • New Jersey NewsNew Jersey News

  • Friday, May 24 2013 12:43 PM EDT2013-05-24 16:43:54 GMT
    The unofficial start of summer is being met with not-so-perfect beach weather.  Many beach communities had been hoping for good weather this Memorial Day weekend following the destruction caused by superstorm Sandy.
    The unofficial start of summer is being met with not-so-perfect beach weather.  Many beach communities had been hoping for good weather this Memorial Day weekend following the destruction caused by superstorm Sandy. The Fox 5 weather team is calling for sunny skies on Sunday and Monday.
  • Friday, May 24 2013 11:22 AM EDT2013-05-24 15:22:38 GMT
    A New Jersey light rail shutdown was due to an umbrella that was mistaken for an assault rifle.
    A New Jersey light rail shutdown was due to an umbrella that was mistaken for an assault rifle.
  • Superstorm Sandy

    Friday, May 24 2013 11:12 AM EDT2013-05-24 15:12:21 GMT
    AP photo
    President Barack Obama plans to give the Jersey Shore a boost with a post-Memorial Day visit to showcase recovery efforts in the aftermath of Superstorm Sandy.
    President Barack Obama plans to give the Jersey Shore a boost with a post-Memorial Day visit to showcase recovery efforts in the aftermath of Superstorm Sandy.
Powered by WorldNow

KTBC FOX 7
119 East 10th Street
Austin, TX 78701

Phone: (512) 476-7777
Fax: (512) 495-7001

Didn't find what you were looking for?
All content © Copyright 2000 - 2013 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices