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.

Kaiser: State Medicaid spending growing more slowly than total spending

Implementation of the coverage expansions in the Affordable Care Act resulted in higher enrollment and total overall spending growth in Medicaid during fiscal years 2014 and FY 2015, but full federal government financing of the Medicaid expansion population means that state Medicaid spending has grown more slowly than total spending, according to the Kaiser Family Foundation.

October 16, 2014

ActX Joins Greenway Online Marketplace for Comprehensive Health IT Solutions, Offering Integrated Genomic Decision Support

SEATTLE--ActX today announced it has joined the Greenway Health online Marketplace of value-added partners for users of Greenway’s integrated electronic health record (EHR) and practice management solutions.

October 15, 2014
scales of justice

Nursing home chain to pay $38M settlement for improper billing, poor care

Extendicare, one of the largest nursing home chains in the U.S., has agreed to a $38 million settlement to resolve federal claims that it improperly billed for physical therapy and provided such poor care that it was effectively worthless, reports The New York Times.

October 11, 2014

Prime Healthcare to acquire six hospitals

In a controversial move, Prime Healthcare Services has reached a deal to acquire six hospitals in California, reports Los Angeles Times.

October 11, 2014

Male docs receive vast majority of payments from drug companies

More than 90 percent of the 300 doctors who received money from drug companies in exchange for speaking and consulting are men, reports The New York Times.

October 8, 2014

HIX small business plans 7% cheaper on average

Health plans available to small businesses in health insurance exchanges are on average about 7 percent cheaper than comparable plans offered elsewhere, reports The Washington Post.

September 30, 2014

Post ACA, virtual doc business thriving

The Affordable Care Act, and its push to reign in healthcare spending, is catalyzing a new wave of telemedicine ventures.

September 30, 2014

Philips merges healthcare, consumer goods assets

Philips is merging its healthcare and consumer goods assets into one operation called Healthcare, reports Bloomberg. Together, these assets are valued at $19 billion. 

September 27, 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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