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.

Kate Hanneman, MD, University Of Toronto, explains why vendors and hospitals are increasingly discussing lowing their carbon footprint by starting with radiology. 

What does radiology have to do with climate change?

Kate Hanneman, MD, explains why many vendors and hospitals want to lower radiology's impact on the environment. "Taking steps to reduce the carbon footprint in healthcare isn’t just an opportunity," she said. "It’s also a responsibility."

March 1, 2024
Money court lawsuit judge ruling scales of justice

Healthcare fraud: DOJ recovered $1.9B in 2023, including several key settlements related to cardiology

The Department of Justice spent a substantial amount of time and energy targeting healthcare fraud in 2023, according to a new 80-page report. Some of the year's biggest settlements involved cardiac surgery and cardiac imaging. 

March 1, 2024
unpaid medical bills medical debt

A definable under/over line separates paying from non-paying patients

Patients who owe providers $500 or less in out-of-pocket expenses tend to pay down the bill. Those who owe more than $500 are evidently inclined to ignore collections efforts and pay nothing at all.

February 29, 2024
rural maternity care

Policy advisors: America’s ‘crisis in rural maternity care’ cries out for attention

Maternity care is in danger of vanishing from rural communities across the U.S., and two addressable if not reversible trends largely account for the peril. 

February 27, 2024
Carrie Redick RN MSN NEA-BC, director of interventional cardiology and structural heart, Morristown Medical Center, Atlantic Health System, explains the need for financial literacy among structural heart program directors at the Transcatheter Cardiovascular therapeutics (TCT) 2023 meeting.

Why financial literacy is so important for structural heart program directors

Carrie Redick, an ICU nurse for nearly 20 years, said understanding more about financial data improved her ability to acquire funding and other resources for her program when necessary. 

February 27, 2024

CMS rule proposed for 2025 offers big upsides for dually eligible individuals: Analysis

Patient advocates state the updated governance would not only integrate coverage for underserved populations but also clamp down on the “games” that Medicare Advantage plans have been known to “play” with Medicaid patients.

February 25, 2024
uchealth sues patients for unpaid medical bills faces public scrutiny

Academic medical institution sues patients for unpaid medical bills, faces hot light of public scrutiny

The largest hospital system in a large Western state is feeling the heat of negative publicity over how it goes after patients who owe the system money.

February 22, 2024
medical debt

Americans carrying at least $220B in medical debts ranging from modest to crushing

Among the 20 million-plus Americans who have unpaid medical bills totaling more than $250, almost a quarter—5 million people—owe between $2,001 and $5,000.  

February 19, 2024

Around the web

In addition, cardiologists average an additional $75,000 per year in incentive-based bonuses. That number is only higher for two other specialties. 

CMS has issued its proposed rule for the 2025 Medicare hospital inpatient prospective payment system, suggesting a payment increase of 2.6%. According to the American Hospital Association, this update would not be enough at a time when hospitals are already struggling to stay open. 

The rumors, it seems, were true. Once the deal is finalized, Shockwave Medical will operate as a business unit within Johnson & Johnson MedTech.

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