Healthcare Economics & Policy

Compensation for physician assistants rose 1% in 2018 from the previous year, according to the 2019 salary report from the American Academy of PAs. The median base salary increased marginally from $105,000 in 2017 to $106,000 in 2018.

CVS Pharmacy is expanding its delivery service, CarePass, nationwide at participating pharmacy locations, the company announced.

The rising costs of healthcare have played a major role in the stagnation of American wages, according to a recent analysis from Axios.

 

Minnesota is the state with the best healthcare in 2019, according to a new ranking by WalletHub.

Rising healthcare costs are a huge problem in the U.S., though the biggest spenders in the healthcare system are concentrated to a small population.

Average Medicare Part D premiums have dropped for the third year in a row, according to CMS, and they are projected to decline again in 2020. Medicare Part D plans offer prescription drug coverage to Medicare beneficiaries.

HHS is launching a new action plan for the safe importation of certain prescription drugs to bring in medications from foreign markets. The Safe Importation Action Plan extends recent initiatives from the Trump administration to make prescription drugs cheaper in the U.S.

CMS unleashed a slew of proposals July 29, including 2020 payment rule proposals and a requirement for hospitals to publish the payer-specific negotiated prices of healthcare services.

Pfizer, one of the nation’s largest pharmaceutical companies, is merging its off-patent and generic drug business with Mylan, a global generic and specialty pharmaceutical company based in the Netherlands. The spinoff deal is expected to close mid-2020, pending shareholder and regulatory approvals.

President Trump is reportedly working on another executive order targeting rising drug prices, according to Reuters. 

The behavioral healthcare services space is gaining traction in the larger healthcare sector, supported by higher mergers and acquisition activity year to date.

Tenet Healthcare, a Dallas-based healthcare services company that operates 65 hospitals and 500 other healthcare facilities with 110,000 employees, will spin off its revenue cycle subsidiary, Conifer, into a separate entity.