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Tag Archives: Price
Paying the Price for Patient PHI
What access should you have to your own medical information? Should you have to pay for it? And if so, how much should it cost? These are three key questions raised by a recent enforcement action conducted by the Office for Civil Rights (OCR) at the Department of Health and Human Services (HHS). The answers […]
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Stakeholders Rebuke Hospital Price Transparency Final Rule
Newly finalized hospital price transparency requirements have the healthcare industry in a tizzy. That was obvious during the question and answer portion of a National Call, held by the Centers for Medicare & Medicaid Services (CMS), on Dec. 3. The American Hospital Association (AHA) and other hospital groups filed a lawsuit the next day, challenging […]
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Trump Presses for More Medical Price Transparency
President Trump signed, June 24, an executive order “Improving Price and Quality Transparency in American Healthcare to Put Patients First” to address escalating healthcare costs and “surprise” billing. President Trump says in the order, “My administration seeks to enhance the ability of patients to choose the healthcare that is best for them. To make fully […]
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Proton Cancer Treatment Centers: High on Price, Low on Return
Proton beam treatment is a particle therapy that uses a beam of protons to target and destroy cancer tissue. There are 27 proton beam units across the United States, and 20 more are popping up or under construction, including Mayo which has opened two, four-unit proton centers in Minnesota and Arizona. Upside The advantage of proton beam therapy over […]
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Price Transparency Should Be a Healthcare Norm
As consumers, we expect price transparency. That is, we expect to know the price of something, before we commit to buying it. For example, every big-box store clearly lists the prices of every item it sells, from laundry detergent to flat screen TVs. Restaurant menus tell you how much a burger and fries, quinoa salad, […]
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Tom Price Out at HHS
Tom Price resigned Sept. 29 as secretary of Health and Human Services. In recent weeks, Politico reported that Price had spent over $ 400,000 in taxpayer money for chartered flights (previous HHS secretaries have flown commercial). Politico also later revealed that the White House had approved the use of military aircraft to fly Price and his […]
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Profitable ETF Trading Strategies – Make Better Decisions by Color Coding Price Regions
Intraday trading brings together perspectives from any different time frames into a single arena. Sometimes it is hard to make sense of why buyers and sellers react so strongly at certain price levels and not at others. How can you quickly and easily organize the information from different time frames to shape your trading decisions?
One way to to frame your trading environment is to look at multiple time frames and find patterns and price levels that indicate support and resistance levels in the past. We cannot know with any certainty why a price level became support or resistance. The good news is that we don’t need to know why, only that it DID!.
The reasons why support and resistance occurred fade pretty quickly in time. All that remains, like footsteps in the snow, is the price record maintained on charts for all to see. The places where price turned and reversed will begin to take on a power in the minds of all chart readers and will begin to influence their decisions to buy and sell, to preserve profits or anticipate reversals.
This is why congestion areas begin to form around certain price levels.
In the same way that we should not be supposed to see traffic forming around major cities, we should expect choppy price behavior around previous support and resistance levels, and near the 50 day and 200 day moving averages, the two most popular moving averages.
Once you have identified the obvious support and resistance levels, treat prices greater than the congestion area as “Green zones” where you would not be surprised to see price move swiftly up.
Identify the congestion areas as “Yellow zones” where choppy behavior is the norm and where you do not have a particular edge unless you are a master tape reader.
Red zones are open price areas below congestion, where price can be expected to fall quickly once it breaks out of congestion.
In the Red and Green zones, which are really mirror images of each other, you want to be positioned to go with the path of least resistance. There’s not a lot of time to wonder what to do when price is here. Don’t chase price, but certainly take advantage of limit orders to pull you into good positions.
In the Yellow zone you should never chase, and always require a visible 2:1 reward to risk ratio inside the yellow zone to justify your entry. Don’t expect price to break out either, since congestion zones we expect price to be choppy and for breakouts to be false.
Framing your trading decisions in terms of these 3 color codes can definitely help you make proper decisions in the heat of the moment.
Ken Long, Chief of Research, Tortoise Capital Management
finance: http://www.tortoisecapital.com
essays: http://kansasreflections.wordpress.com
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Q&A: Setting a price for corneal tissue
Q: I have a follow-up question to an answer you gave early last year. The question was about reimbursement for the cost of corneal tissue. You stated “This line item should reflect the costs associated with the corneal tissue.” We have just started providing this service and are having a debate on what this statement means. I think we can apply our usual markup, but our cost accounting person thinks this means we can only pass along our invoice cost. What does it mean in regard to setting our price?
A: In reviewing the original answer, this may have been confusing. The statement means that you should use the cost associated with the processing, preserving, and transporting of the tissue when you set your charge. Medicare pays this service based on reasonable cost basis, which means that it applies the cost-to-charge ratio to the line item in order to determine what your cost for the service was. The standard markup can be used, but you want to be sure you use only the cost related to the corneal tissue and nothing else on that line item. This will ensure not only that you receive appropriate reimbursement, but that you also report the correct cost to the Medicare program.
Editor’s note: Denise Williams, RN, CPC-H, seniorvice president of revenue integrity services at Revant Solutions,in Fort Lauderdale, Florida, answered this question.