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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Advocacy group asks Congress for $377M increase in funds for the FDA

The Alliance for a Stronger FDA said the increase is necessary to pay salaries and cover the organization's ballooning operational expenses.

May 17, 2024
Booth of EMR vendor Epic at HIMSS 2023.

Mergers and acquisitions fueling Epic’s dominance of EHR market

A new KLAS Research report found that of the 319 hospitals that adopted a new EHR in 2023, 77 chose Epic.

May 17, 2024
Video interview with Nandita Scott, MD, Mass General Hospital, on balancing motherhood or fatherhood as a cardiologist and how to make things work with a work-life balance. #cardiologistmom #ACC #ACC24 #ACC2024

Industry changes are making it easier for cardiologists to start families

One of the biggest decisions in a cardiologist's life is knowing when, exactly, to start a family. Nandita S. Scott, MD, co-director of the Corrigan Women's Heart Health Program at Mass General Hospital, shared her perspective on this important topic. 

May 17, 2024
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Rand releases bracing analysis of hospital prices; AHA repudiates approach, methodology

The Rand Corporation is reporting that, in 2022, employers and private insurers paid hospitals an average 254% more than what Medicare would have spent for the same services in the same facilities.

May 14, 2024
byoai bring your own GenAI to work

Almost 80% of knowledge workers bring their own GenAI to work

Around the world, 3 of 4 workers who routinely handle information are now using generative AI on the job. And almost half of them are new to the technology, having begun using it only over the past half-year.

May 14, 2024
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Kaiser Permanente unloading $3.5B in private equity stakes

Citing sources familiar with the matter, the Wall Street Journal reported that Kaiser Permanente is working with Jefferies Financial Group to find secondary buyers.

May 13, 2024
lex Sandhu, MD, MS, assistant professor of cardiovascular medicine, Stanford University, and cardiologist at the Palo Alto VA. He spoke in the business of cardiology sessions at ACC 2024 and explained how Medicare reimbursements will be moving toward a value based payment model by 2030. #ACC #ACC24 #ACC2024 #CMS #reimbersements #Medicare

How the shift to value-based reimbursements could transform cardiology

"I think we really need our cardiologist community to understand the changes that are happening with value-based payment," one expert tells Cardiovascular Business. 

May 13, 2024

Six hospital groups urge UnitedHealth to take responsibility for Change Healthcare hack notifications

In a public letter, the groups are urging UnitedHealth Group to announce a timeline for notifying patients about what personal data was stolen in the breach of Change Healthcare's systems.

May 10, 2024

Around the web

This week Washington took a major step toward nailing down a solid game plan on federal AI spending for everything outside of defense.

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. 

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