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.

Rite Aid chapter 11 bankruptcy

Rite Aid files for bankruptcy, scores potential $3.45B cash infusion

Rite Aid Corp. has initiated Chapter 11 proceedings in a bid to recover from myriad financial troubles and keep itself afloat.

October 17, 2023

Now comes the ‘largest private-sector doctors’ union’ in the country

The inclination to organize and sound off for better working conditions and more patient-centric job descriptions continues to spread among healthcare workers.

October 16, 2023
best buy health retail healthcare

Healthcare retailers in the news: Best Buy Health, Walgreens, Dollar General

The past several days have seen a series of noteworthy healthcare developments involving brick-and-mortar consumer stores.

October 10, 2023
Money dollar investments

Cardiologists, cardiac surgeons push insurance company to rethink billing policy

The American College of Cardiology, Society for Cardiovascular Angiography and Interventions and Society of Thoracic Surgeons raised the issue, which is related to the billing of transcatheter heart procedures such as TAVR. 

October 9, 2023
kaiser permanente on strike

What stakeholders are saying about the largest healthcare strike in history

Many healthcare watchers were taken by surprise when upwards of 75,000 Kaiser Permanente workers went on strike last week.

October 9, 2023
Cardiologist heart

Cardiologist compensation much higher at hospitals and health systems than private practices—and the gap is widening

A new 57-page report from MedAxiom explored the latest data on compensation, production, staffing and medical imaging offerings among cardiology programs in the United States. 

October 3, 2023
Kumar Aditya, director, information technology, Atlantic Health System, explains how the system automated more than 60% of its radiology prior authorization workflow.

How Atlantic Health automated its radiology prior authorization workflow

Director of IT Kumar Aditya explains how the New Jersey hospital system automated more than 60% of its radiology prior authorization workflow.

October 3, 2023
mergers acquisitions puzzle M&A

Report: Private equity firm exploring deal worth more than $7B to acquire 2 Medtronic businesses

Carlyle Group, one of the world’s largest private equity firms, is reportedly working to buy the two business units and turn them into a brand new company. 

October 2, 2023

Around the web

Five of the largest U.S. medical societies focused on cardiovascular health are one step closer to seeing their paradigm-shifting proposal become a reality.

The Society for Cardiovascular Angiography & Interventions and Society of Thoracic Surgeons have both shared statements in support of the ban, which is already being challenged in court. The American Hospital Association, meanwhile, opposes the policy shift, saying it “errs by seeking to create a one-size-fits-all rule”

Alison Bailey, MD, co-chair of the business of cardiology sessions at ACC.24, emphasized that reimbursement cuts can have a long-term negative impact on patient. 

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