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.

Orion Health Opens Development Center in Scottsdale, Arizona

Scottsdale, AZ – November 6, 2014 – Orion Health, a population health management company, today announced the opening of its new development center in Scottsdale, Arizona. The Orion Health ‘Center of Excellence’ will serve as the company’s North American research and solution center, supporting big data analytics technology development, focused on providing decision support to clinicians and patients, and solution support for clients’ population health initiatives.

November 13, 2014

Woman taken to out-of-network hospital now faces bankruptcy

A Wisconsin woman is fighting off bankruptcy after spending 10 days in the hospital in a medical induced coma. The patient, taken by ambulance to a hospital outside of her covered network, could not alert the driver because she was incapacitated and clinically dead, according to United Press International.

November 13, 2014

Thousands of Kaiser nurses plan 2-day strike

Thousands of nurses at Kaiser Permanente in Northern California plan to walk off the job amid heated contract negotiations, according to Napa Valley Register.

November 11, 2014

Good news for healthcare premiums

A study from the Urban Institute finds that healthcare premiums throughout the U.S. will remain flat or drop during 2015, reports The Hill.

November 7, 2014

Quincy Medical Center set to close

In the largest Massachusetts hospital closure in a decade, Steward Health Care System announced the imminent closure of Quincy Medical Center, reports the Boston Globe.

November 7, 2014

Majority of CFOs at struggling hospitals expect to lose their jobs by 2016

Sixty-one percent of chief financial officers at self-identified struggling hospitals anticipate losing their jobs within two years, reports Becker’s Healthcare.

November 7, 2014

Thanks to ACA, health sector stocks boom

Hospitals and insurance companies are raking in profits thanks to the Affordable Care Act, reports CNBC.

November 5, 2014

Artificial hip implant lawsuits settled for $1B

Stryker Orthopaedics, a producer of artificial hip implants, has reached a settlement with thousands of patient lawsuits involving the now-recalled all-metal devices for about $1 billion, according to The New York Times.

November 4, 2014

Around the web

Jeffrey Kuvin, MD, one of the leading voices behind efforts to create a new Board of Cardiovascular Medicine, spoke with Cardiovascular Business about where things stand today.

Half a year after President Biden officially directed federal agencies in the executive branch’s bailiwick to “seize the promise and manage the risks” of AI, the White House has posted a status report.

U.S. physicians often receive payments from medical device manufacturers and pharmaceutical companies. New research in JAMA found a connection between receiving such payments and using specific devices—should the industry be concerned? 

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