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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CMS finalizes outpatient payment system

The final rule updated the OPPS payment rate by 3.8% for calendar year 2023, which CMS based on the 4.1% projected hospital market basket percentage increase and adjusted for 0.3 percentage points for productivity. 

 

November 2, 2022
Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule. 

CVS, Walgreens settle opioid lawsuits for $10B

CVS Health will pay $5 billion over the next 10 years, and Walgreens will pay $4.95 billion over the next 15 years.

November 2, 2022
Physicians are now bracing for payment cuts after the Centers for Medicare and Medicaid Services (CMS) published its final rule for the 2023 Physician Fee Schedule.

Providers face ‘ominous reality’ of payment cuts as CMS finalizes 2023 Physician Fee Schedule

Physicians are now bracing for payment cuts after the Centers for Medicare and Medicaid Services (CMS) published its final rule for the 2023 Physician Fee Schedule.

November 2, 2022
Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule. 

AMA scrutinizes lack of competition, consumer harms in Medicare Advantage plans

Medicare Advantage plans face little in the way of competition, and Medicare consumers are worse off for it, according to a new study from the American Medical Association.

 

November 1, 2022
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Johnson & Johnson to acquire Abiomed in $16.6B deal

Johnson & Johnson agreed to an upfront payment of $380 per share. Abiomed shareholders can also receive up to an additional $35 per share if certain milestones are met in the years ahead. 

November 1, 2022
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Cancer death rates drop again

Cancer death rates have dropped again among men, women, children, adolescents and young adults.

October 28, 2022
The American College of Cardiology and Heart Rhythm Society issued a joint statement soon after CMS published its final rule for the 2023 Medicare Physician Fee Schedule. The groups warned that the final rule could threaten patient access to high-quality care. Medicare cuts may harm patient care.

These states are struggling the most to find primary care physicians

Among primary care physicians, there is a huge unmet need in certain parts of the country, according to a recent ranking from the Kaiser Family Foundation.

October 27, 2022
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Physician salary update: Women still earning much less than men

Despite the wide pay gap, the majority of female physicians—specialists or otherwise—said they would choose to pursue a career in medicine again if given the choice.

October 25, 2022

Around the web

More than 5,000 U.S. physicians joined forces to launch the new group. They say they are focused on limiting private equity's involvement and influence in healthcare. 

Just 10.5% of U.S. physicians said they view private equity ownership in healthcare in a positive light. 

Kate Hanneman, MD, explains why many vendors and hospitals want to lower radiology's impact on the environment. "Taking steps to reduce the carbon footprint in healthcare isn’t just an opportunity," she said. "It’s also a responsibility."

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