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Alexander Vaccaro

👤 Speaker
77 total appearances

Appearances Over Time

Podcast Appearances

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

And we're constantly being inundated by denials, policy changes.

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

The recent insurance companies that decided on their own to downcode

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

cpt codes from level four to level three these are the things that we have to do and we go through you know a periodic process payer contract renewals and sort of letting the world know that every day my overhead costs go up we have to deal with inflation we have to do with the cost of capital salary

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

company, the patient, the government and the physician are protected in terms of maximizing whatever limited dollars are available for everybody.

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

And then we have to look closely

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

provide adequate care when every year due to congressional mandates, reimbursement goes down.

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

It just doesn't make any sense.

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

So we have to fight that.

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

So if you look closely at what we provide patients anywhere from more surgical skills to non-operative care, such as injections, stem cells, hyaluronic acid injections for knees, bracing,

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

high-cost vendors and bring that in-house like all the different ancillaries you see that don't pose a direct conflict like you never want to provide an ancillary where you can increase the cost of care if it's something that you have to prescribe to a patient

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

When you order a brace from a hospital, an orthotist, it may cost a thousand dollars.

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

And why can't we make that easy for MSK care?

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

You know, just say someone comes in, we can organize their imaging studies, we can organize their non-operative care, we can do their physical therapy, we can do their injections, and then we can take them to the journey if they require surgery, make sure that we have support for their family, maybe a meal service, maybe transportation after that.

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

give them premium opportunities to come in when they need to be seen by someone and not to roll their eyes and have a headache.

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

I just spoke to one of my partners today who presented Grand Rounds, who discussed his journey after brain surgery.

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

And it was so frustrating to see the surprise billing, this and that.

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

Why can't we facilitate that for the patient, for those patients that have the ability to pay extra so we can make their lives so much more comfortable?

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

So I think that's

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

we went through that exercise, we realized what costs too much and what doesn't cost too much, but bundle payments were really a race to the bottom.

Becker’s Healthcare -- Spine and Orthopedic Podcast
Alexander Vaccaro, MD, PhD, MBA, President of Rothman Orthopaedics

And once you reach the bottom of, you can't squeeze any more juice out of that orange.