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.

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.
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.
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.
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.
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.

Video of Denise Garris, ASE regulatory consultant and principal of the Korris Group, explaining how reimbursements from insurance andMedicare work to pay or cardiac ultrasound exams. #ASE #ASE360 #ASE23 #ASE2023 #healthcarereimbursment

Understanding reimbursements and coding for echocardiography

"I think everyone would agree that the current fee-for-service model is not working appropriately and there needs to be a fix," regulatory consultant Denise Garris explained in a new interview.

September 13, 2023

Telehealth can provide significant value when it comes to managing and monitoring patients with CVD or suspected CVD. A new scientific statement from the American Heart Association explores the latest details on this evolving treatment option.

The telehealth paradox—and where the ‘revolution’ must go from here

Three business professors believe the post-COVID “telehealth revolution” could work against its own implied promise to broaden care access.

September 11, 2023

hospital payroll healthcare worker wages

Healthcare pay seems to have risen and ‘reset’

Despite slowing growth in year-over-year average hourly outlays, payrolls at U.S. hospitals and outpatient clinics may have plateaued at permanently elevated levels.

September 11, 2023

Private equity firm to acquire EHR vendor for up to $1.6B

Thoma Bravo has reached an agreement to acquire NextGen Healthcare for $23.95 per share in cash.

September 11, 2023

depositphotos_7347703-stock-illustration-protesters-crowd-landscape-background-illustration.jpg

23 healthcare workers arrested for protesting Kaiser Permanente staffing policies

The protesters were arrested for civil disobedience after organizing at the W Hollywood Hotel.

September 5, 2023

AHA shares support of new prior authorization reform in letter to Congress

The American Hospital Association believes the Gold Card Act could help healthcare providers throughout the country avoid "dangerous delays."

August 31, 2023

Healthcare M&A, mergers and acquisitions business deal.

Centene to offload UK hospital system for $1.2B

The company reached a definitive agreement to sell Circle Health to the largest health system in the Middle East.

August 28, 2023

Former managers of a Tampa Florida-based radiology company Advanced Diagnostic Group (ADG) and its employee stock ownership plan (ESOP) retirement benefit manager GreatBanc Trust Co. will pay $19 million to settle a class action lawsuit. The suit alleges they allowed the ESOP’s value to be diverted to managers, directors and their shell companies and away from employee participants. money gavel court lawsuit legal judge judgement

Florida doctor pleads guilty to role in conspiracy to control cancer resources

“The FBI will not stand by and allow those trusted with saving lives to manipulate the healthcare system for their own benefit," one agent said in a DOJ statement.

August 28, 2023

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AI in Healthcare

About that bipartisan $32B ‘roadmap’ for AI policy: What’s in it for healthcare?

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

Cardiovascular Business

FDA announces new recall of delivery catheters after patient’s death

The recall includes specific lots of five different medical devices used to treat stroke and other neurovascular diseases.

Cardiovascular Business

FDA warns against use of troubled heart devices, citing ‘continued concerns’ after multiple recalls

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.

Economics

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

Mergers and acquisitions fueling Epic’s dominance of EHR market

Industry changes are making it easier for cardiologists to start families

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

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

Around the web