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Geography; Location: 180 South Frontage Road West Vail, Colorado 81657, Eagle County, Colorado, United States: Coordinates: 1]: Organization; Funding: Non-profit hospital: Type: Regional hospital: Services; Emergency department: Level III trauma center: Beds: 56 [2]: Helipad: Yes: History; Opened: 1965: Links; Website: vailhealth.org: Lists: Hospitals in Colorado: Vail Health Hospital is a ...
Stormont Vail Health is suing Humana, alleging that the insurance company owes the Topeka hospital more than $850,000 in underpayments. The alleged underpayments stem from a contractual Medicare ...
A cost-plus contract, also termed a cost plus contract, is a contract such that a contractor is paid for all of its allowed expenses, plus additional payment to allow for risk and incentive sharing. [1] Cost-reimbursement contracts contrast with fixed-price contract, in which the contractor is paid a negotiated amount regardless of incurred ...
In a best value system, the value of procured goods or services can be simply described as a comparison of costs and benefits. A contractor or vendor is thus selected through a process of researching the vendors or contractors before a detailed project plan is made. [4]
Coinsurance: Instead of, or in addition to, paying a fixed amount up front (a co-payment), the co-insurance is a percentage of the total cost that an insured person may also pay. For example, the member might have to pay 20% of the cost of a surgery over and above a co-payment, while the insurance company pays the other 80%.
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The present-day Stormont Vail Health complex operates a 586-bed acute care hospital as well as a large integrated network of primary and specialty health care providers. [1] In 2015, Stormont Vail was awarded an "A" grade for overall patient safety by the independent nonprofit PSO The Leapfrog Group. [2]
The extra cost of malpractice lawsuits is a proportion of health spending in both the U.S. (1.7% in 2002) [112] and Canada (0.27% in 2001 or $237 million). In Canada the total cost of settlements, legal fees, and insurance comes to $4 per person each year, [113] but in the United States it is over $16.