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.

Twenty-three percent of cardiologists have a net worth of more than $5 million, No. 5 among all specialties, according to a new report. A majority of cardiologists also said they have had no significant financial losses in the last year. What are cardiologists paid? How much do cardiologists make?

Patient data company PicnicHealth raises $60M

PicnicHealth plans to build 30 new patient-centered real-world data cohorts with the funding.

June 28, 2022

Healthcare deals are down in 2022, but volume remains elevated

Healthcare deals have fallen during the first few months of 2022, but deal volume remains elevated from pre-pandemic levels.

June 23, 2022
The ASNC is one of several medical imaging societies asking Congress to repeal the appropriate use criteria (AUC) criteria mandate. They say it poses issues for clinicians and is becoming outdated by changes in CMS payment systems. The AUC requirements call for documentation using CVMS authorized software in order to show advanced imaging such as nuclear and CT is justified, or else Medicare payments might be withheld.

VIDEO: AMA will ask Congress to revise clinical decision support mandate for cardiac imaging

American Society of Nuclear Cardiology (ASNC) delegates to the American Medical Association (AMA) House of Delegates 2022 meeting Stephen Bloom, MD, and Nishant Shah, MD, explain a new AMA policy asking Congress to revise its clinician decision support mandate. 

June 22, 2022
durbin-ama-opioid. The American College of Cardiology (ACC) and American Heart Association (AHA) have published new guidelines focused on the diagnosis, treatment and management of patients with chronic coronary disease (CCD).

Mark Cuban’s generic drug prices could save Medicare $3.6B

Researchers from Brigham and Women's Hospital and Harvard Medical School compared 89 generic drugs sold by Mark Cuban Cost Plus Drug Company (MCCPDC) to what Medicare paid for the same drugs in 2020.

June 22, 2022

UnitedHealth Group to acquire UK tech company for $1.5B

The all-cash deal follow's UnitedHealth Group's recent acquisition of LHC Group for $5.4 billion.

June 20, 2022
AMA declares climate change a public health crisis — The American Medical Association (AMA) this week adopted policy during the annual House of Delegates meeting declaring climate change a public health crisis that threatens the health and well-being of all people. Some of these effects have already been seen with increasing numbers of wildfires, the resulting poor air quality, heat related deaths and warmer temperatures causing rise in mosquito vector diseases. #AMA #AMA175 #AMAmtg #Climatechange

AMA declares climate change a public health crisis

The AMA says there will be numerous major public health impacts if global temperatures continue to rise, adopting three new policies to address this ongoing trend. 

June 16, 2022
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PHOTO GALLERY from AMA House of Delegates 2022 meeting

Here are images from the American Medical Association (AMA) 2022 House of Delegates (HOD) meeting in Chicago, June 10-15. This was the first time the HOD met in two and a half years because of the COVID-19 pandemic.

June 15, 2022
Cedars-Sinai Names David M. Wrigley as Chief Financial Officer

Cedars-Sinai names a new CFO

Wrigley succeeds Edward M. Prunchunas, who is retiring after 41 years with Cedars-Sinai.

June 15, 2022

Around the web

More than 5,000 U.S. physicians joined forces to launch the new group. They say they are focused on limiting private equity's involvement and influence in healthcare. 

Just 10.5% of U.S. physicians said they view private equity ownership in healthcare in a positive light. 

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."

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