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.

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Former Google company Verily raises $1B

Verily, a life science company that was formerly a division of Google X, has raised $1 billion in a funding round led by Alphabet, parent company to Google.

September 12, 2022

Survey says: The top 5 investment areas for C-suite health leaders in 2022

A new survey of 40 health industry executives shows that digital transformation and staffing challenges top the list of C-suite priorities for the year ahead. 

September 6, 2022
Healthcare M&A, mergers and acquisitions business deal.

CVS enters $8B agreement to acquire Signify Health

The companies expect to close the agreement—which is subject to investor and regulator approval—in the first half of 2023.  

September 6, 2022
Bibb Allen, MD, FACR, chief medical officer of the American College of Radiology (ACR) Data Science Institute, discusses multiple factors involved in the adoption rate of artificial intelligence (AI) in radiology.

VIDEO: Where are we with AI adoption in radiology?

Bibb Allen, MD, FACR, chief medical officer of the American College of Radiology (ACR) Data Science Institute, discusses multiple factors involved in the adoption rate of artificial intelligence in radiology.
 

September 2, 2022
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Healthcare jobs swing upward in August

Healthcare employment rose during the month of August, likely a welcome relief to resource-stretched organizations.

September 2, 2022
Affera Inc Medtronic $925 million catheter ablation atrial fibrillation (AFib)

Medtronic completes acquisition of heart rhythm tech company in a deal reportedly worth $925M

Affera’s portfolio includes interventional solutions such as the Affera Prism-1 mapping and navigation platform, designed to help electrophysiologists diagnose heart rhythm issues, and the Sphere-9 cardiac ablation catheter. 

August 31, 2022
insurance payer payment insurer

HHS investing nearly $100M in health navigators for open enrollment

The funding, which is through the Centers for Medicare and Medicaid Services (CMS), includes $98.9 million that will help ensure consumers can navigate health insurance enrollment through the Marketplace, Medicaid and the Children’s Health Insurance Program (CHIP).

 

August 30, 2022
Hospital staff walking through a medical facility, intentionally blurred to look artistic

Hospital margins fall behind pre-pandemic levels

Hospitals are facing their toughest margins yet, and without the boost of federal funding, 2022 is on pace to be one of the worst financial performances for the space in years.

August 30, 2022

Around the web

In addition, cardiologists average an additional $75,000 per year in incentive-based bonuses. That number is only higher for two other specialties. 

CMS has issued its proposed rule for the 2025 Medicare hospital inpatient prospective payment system, suggesting a payment increase of 2.6%. According to the American Hospital Association, this update would not be enough at a time when hospitals are already struggling to stay open. 

The rumors, it seems, were true. Once the deal is finalized, Shockwave Medical will operate as a business unit within Johnson & Johnson MedTech.

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