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.

Thousands of Kaiser nurses plan 2-day strike

Thousands of nurses at Kaiser Permanente in Northern California plan to walk off the job amid heated contract negotiations, according to Napa Valley Register.

November 11, 2014

Good news for healthcare premiums

A study from the Urban Institute finds that healthcare premiums throughout the U.S. will remain flat or drop during 2015, reports The Hill.

November 7, 2014

Quincy Medical Center set to close

In the largest Massachusetts hospital closure in a decade, Steward Health Care System announced the imminent closure of Quincy Medical Center, reports the Boston Globe.

November 7, 2014

Majority of CFOs at struggling hospitals expect to lose their jobs by 2016

Sixty-one percent of chief financial officers at self-identified struggling hospitals anticipate losing their jobs within two years, reports Becker’s Healthcare.

November 7, 2014

Thanks to ACA, health sector stocks boom

Hospitals and insurance companies are raking in profits thanks to the Affordable Care Act, reports CNBC.

November 5, 2014

Artificial hip implant lawsuits settled for $1B

Stryker Orthopaedics, a producer of artificial hip implants, has reached a settlement with thousands of patient lawsuits involving the now-recalled all-metal devices for about $1 billion, according to The New York Times.

November 4, 2014

How to reduce healthcare costs? Give Americans a ‘purpose in life’

Researchers are suggesting that giving Americans a sense of purpose can help reduce U.S. healthcare costs, according to Los Angeles Times.

November 3, 2014

Calif. hospital chain to pay $37M for allegedly overcharging Medicare

Dignity Health, a Northern California hospital chain, agreed to pay $37 million to settle allegations that it overcharged the federal Medicare program, reports San Jose Mercury News. 

November 1, 2014

Around the web

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

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. 

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.

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