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Geisinger Guarantee

May 25th, 2007

by Tony Chen

I heard through the grapevine that Geisinger has offered a version of a "money-back guarantee." Basically, if a patient is re-admitted for the same reason, they won't charge the patient (or the patient's insurance company). I saw this article on it - it only pertains to heart surgery. And apparently, re-admits are way down.

What an interesting consumer-friendly, quality-driving philosophy?!

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