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.

A cardiology practice in Florida and several of its cardiologists have agreed to pay $2 million to resolve allegations that they violated the False Claims Act and committed fraud. As a part of the agreement, there has been no determination of liability.

UPMC settles $38M whistleblower lawsuit for Medicare fraud

Surgeons at the health system were accused of performing unnecessary procedures and receiving bonuses as kickbacks. UPMC does not admit wrongdoing.

May 10, 2024
medicare cms in fiscal financial trouble

Medicare on solid ground for now but headed for fiscal quicksand

Medicare’s Hospital Insurance (HI) Trust Fund has the wherewithal to pay the full bill for beneficiaries’ stays in hospitals, hospice sites and skilled nursing facilities for the next 12 years. But what then? 

May 7, 2024
bankruptcy.jpg

Steward Health Care files for bankruptcy, citing rising labor costs and reduced reimbursement

The health system employs 40,000 people and cares for more than 12 million patients in eight states.

May 6, 2024
doctor in handcuffs after being arrested

AMA says Change Healthcare breach is crippling independent practices

A survey of physicians by the American Medical Association reveals that many practices are still losing revenue and struggling to make payroll as a result of the Change Healthcare hack.

May 3, 2024
ACC President Cathie Biga explains how cardiologist employment models undergoing a profound transformation during an interview with Cardiovascular Digital Editor Dave Fornell at ACC 2024.

What happened to cardiology's private practices?

Hospital employment models, reimbursement policies and private equity have all led to a massive reduction in the number of cardiologists working for a private practice, ACC President Cathie Biga, MSN, told Cardiovascular Business.

May 3, 2024
Healthcare M&A, mergers and acquisitions business deal.

Ecolab selling its surgical solutions business for $950M

Medline has entered into a “definitive agreement” to buy the surgical division, giving the company access to a variety of surgical supplies and equipment used by clinicians and patients.

May 1, 2024
Best states for nurses 2024

Best and worst states for nurses 2024

Comparing all 50 states on 20 metrics of job satisfaction for nurses, WalletHub has landed on a familiar favorite for the top spot.

April 30, 2024
boston scientific acquires axonics

Hologic purchases competitor for $310M

Hologic has agreed to buy Endomag, a privately held breast cancer surgery company in the U.K.

April 30, 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. 

Trimed Popup
Trimed Popup