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.

A list of cardiovascular drugs a patient is taking in a graphical format in the Cardioviso atrial fibrillation patient management application GE Healthcare showed at ACC.23.#ACC23 #ACC

Lawsuit slams PBMs Cigna, Humana as price-fixing ‘modern gangsters’

“Medications shouldn’t cost an arm and a leg, metaphorically or literally,” says Ohio Attorney General Dave Yost “Insulin is just a symptom of the problem; PBMs are the disease.”

 

March 28, 2023

Nearly all health leaders are investing in software this year

A whopping 94% of health leaders in the survey said they plan to invest in software this year, partly to fend off clinician burnout and a looming recession.

March 27, 2023
layoffs staff cuts termination workforce

Amgen to lay off 450 in second round of employee cuts

The move comes after the company reported revenues of $26.3 billion in 2022 and and a net income of more than $6.55 billion.

March 24, 2023
HCA Healthcare was recently hit with its second antitrust lawsuit — this time from the city of Brevard, North Carolina, for allegedly engaging in anti-competitive schemes.

Feds may soon take action against Amazon’s monopoly status

Federal investigations that began in 2019 into Amazon’s potential abuse of power and consumer privacy violations may soon come to fruition with lawsuits to block the company's monopoly status, Politico reported. 

 

March 22, 2023
ACC Vice President Cathie Biga explains issues with cardiology reimbursements at ACC23. #ACC #ACC23

Reimbursement challenges raising concerns in cardiology

Cathie Biga, vice president of the American College of Cardiology, spoke to Cardiovascular Business at ACC.23 about challenges in the world of cardiology reimbursements. "As that healthcare dollar goes up, it is not going to the physicians," she said.

March 21, 2023

Intermountain Health launches new biotech company

The aim of the biotech company is to “transform healthcare by providing comprehensive information on patient predisposition to disease, disease prevention and personalized intervention and treatments."

 

March 21, 2023
Sugar Insulin

California partners with Civica Rx for affordable insulin

The state of California and Civica Rx have penned a 10-year deal to deliver insulin at a reduced rate. The medicines will be available in vials and prefilled pens under the CalRx label. 

March 20, 2023
man in prison behind bars

Healthcare fraud running rampant in South Florida

South Florida is “ground zero” for healthcare fraud, with companies popping up left and right ready to bilk Medicare and Medicaid for millions of dollars.

March 17, 2023

Around the web

Half a year after President Biden officially directed federal agencies in the executive branch’s bailiwick to “seize the promise and manage the risks” of AI, the White House has posted a status report.

U.S. physicians often receive payments from medical device manufacturers and pharmaceutical companies. New research in JAMA found a connection between receiving such payments and using specific devices—should the industry be concerned? 

Five of the largest U.S. medical societies focused on cardiovascular health are one step closer to seeing their paradigm-shifting proposal become a reality.

Trimed Popup
Trimed Popup