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.

How to reduce healthcare costs? Give Americans a ‘purpose in life’

Researchers are suggesting that giving Americans a sense of purpose can help reduce U.S. healthcare costs, according to Los Angeles Times.

November 3, 2014

Calif. hospital chain to pay $37M for allegedly overcharging Medicare

Dignity Health, a Northern California hospital chain, agreed to pay $37 million to settle allegations that it overcharged the federal Medicare program, reports San Jose Mercury News. 

November 1, 2014

Physicians reluctant to accept ACA patients

Physicians are limiting how many new ACA-insured patients they are taking as exchange plans often have lower reimbursement rates, reports USA Today.  

October 29, 2014

Truven Health Analytics and Cerner Partner to Make Micromedex Integrated CareNotes Available to Cerner EHR Clients

ANN ARBOR, Mich.--Truven Health Analytics™ today announced an agreement with Cerner Corporation, a leading provider of health information and electronic health record (EHR) systems, to resell its Micromedex® CareNotes® product, a part of the Patient Connect Suite of patient and consumer education and engagement solutions.

October 29, 2014

The data are in: Corporate wellness programs work

Corporate wellness programs can return as high as $3 for every $1 invested, as they are linked to reduced healthcare costs, increased productivity, decreased absenteeism and higher job satisfaction, according to a Huffington Post blog.

October 27, 2014

Physician groups owned by hospitals see higher medical costs

Medical costs are up to 20 percent higher at hospital-owned physician groups, according to Los Angeles Times. 

October 22, 2014

CVS prescription-drug plan costs more at stores selling tobacco

CVS Health is using its tobacco-free policy as a way to one-up rivals. The chain's pharmacy benefits unit is offering a prescription-drug plan that charges patients more if they buy their meds at drugstores that sell tobacco products, according to Wall Street Journal.

October 21, 2014
Malpractice

Medical malpractice reform won’t yield big savings

A new study from the Rand Corp. refutes the notion that medical malpractice reform will generate major savings, reports The Washington Post.

October 18, 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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