Economics

This channel highlights factors that impact hospital and healthcare economics and revenue. This includes news on healthcare policies, reimbursement, marketing, business plans, mergers and acquisitions, supply chain, salaries, staffing, and the implementation of a cost-effective environment for patients and providers.

Almost 80% of knowledge workers bring their own GenAI to work
Around the world, 3 of 4 workers who routinely handle information are now using generative AI on the job. And almost half of them are new to the technology, having begun using it only over the past half-year.
Kaiser Permanente unloading $3.5B in private equity stakes
Citing sources familiar with the matter, the Wall Street Journal reported that Kaiser Permanente is working with Jefferies Financial Group to find secondary buyers.
How the shift to value-based reimbursements could transform cardiology
"I think we really need our cardiologist community to understand the changes that are happening with value-based payment," one expert tells Cardiovascular Business.
Six hospital groups urge UnitedHealth to take responsibility for Change Healthcare hack notifications
In a public letter, the groups are urging UnitedHealth Group to announce a timeline for notifying patients about what personal data was stolen in the breach of Change Healthcare's systems.
UPMC settles $38M whistleblower lawsuit for Medicare fraud
Surgeons at the health system were accused of performing unnecessary procedures and receiving bonuses as kickbacks. UPMC does not admit wrongdoing.

Rite Aid files for bankruptcy, scores potential $3.45B cash infusion

Rite Aid Corp. has initiated Chapter 11 proceedings in a bid to recover from myriad financial troubles and keep itself afloat.

October 17, 2023

Now comes the ‘largest private-sector doctors’ union’ in the country

The inclination to organize and sound off for better working conditions and more patient-centric job descriptions continues to spread among healthcare workers.

October 16, 2023

Healthcare retailers in the news: Best Buy Health, Walgreens, Dollar General

The past several days have seen a series of noteworthy healthcare developments involving brick-and-mortar consumer stores.

October 10, 2023

Cardiologists, cardiac surgeons push insurance company to rethink billing policy

The American College of Cardiology, Society for Cardiovascular Angiography and Interventions and Society of Thoracic Surgeons raised the issue, which is related to the billing of transcatheter heart procedures such as TAVR.

October 9, 2023

What stakeholders are saying about the largest healthcare strike in history

Many healthcare watchers were taken by surprise when upwards of 75,000 Kaiser Permanente workers went on strike last week.

October 9, 2023

Cardiologist compensation much higher at hospitals and health systems than private practices—and the gap is widening

A new 57-page report from MedAxiom explored the latest data on compensation, production, staffing and medical imaging offerings among cardiology programs in the United States.

October 3, 2023

Kumar Aditya, director, information technology, Atlantic Health System, explains how the system automated more than 60% of its radiology prior authorization workflow.

How Atlantic Health automated its radiology prior authorization workflow

Director of IT Kumar Aditya explains how the New Jersey hospital system automated more than 60% of its radiology prior authorization workflow.

October 3, 2023

Report: Private equity firm exploring deal worth more than $7B to acquire 2 Medtronic businesses

Carlyle Group, one of the world’s largest private equity firms, is reportedly working to buy the two business units and turn them into a brand new company.

October 2, 2023

Around the web

Cardiovascular Business

FDA announces new recall of delivery catheters after patient’s death

The recall includes specific lots of five different medical devices used to treat stroke and other neurovascular diseases.

Cardiovascular Business

FDA warns against use of troubled heart devices, citing ‘continued concerns’ after multiple recalls

The agency is urging healthcare providers to transition away from these devices and seek out alternatives. It is even working with other manufacturers to try and get similar products on the market as quickly as possible.

Cardiovascular Business

The push for an independent cardiology board continues

Jeffrey Kuvin, MD, one of the leading voices behind efforts to create a new Board of Cardiovascular Medicine, spoke with Cardiovascular Business about where things stand today.

Economics

Almost 80% of knowledge workers bring their own GenAI to work

Kaiser Permanente unloading $3.5B in private equity stakes

How the shift to value-based reimbursements could transform cardiology

Six hospital groups urge UnitedHealth to take responsibility for Change Healthcare hack notifications

UPMC settles $38M whistleblower lawsuit for Medicare fraud

Around the web