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.

money maze payment reimbursement

Proposed Medicare Physician Fee Schedule includes payment cuts

The CMS proposal was met with immediate criticism from the American Medical Association. 

July 8, 2022
A map of California state

California will make its own insulin to increase affordability

The plan will allow California to offer insulin at a cheaper price, “closer to cost,” Governor Gavin Newsom said in a video announcement on Twitter July 7.

 

July 8, 2022

Job cuts on the rise among healthcare workers

The healthcare industry was among those with the most cuts across the entire economy.

July 7, 2022

Francisco Partners completes $1B buyout of IBM Watson Health

Francisco Partners will keep the business as a standalone entity under the moniker Merative.

July 6, 2022
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 They say it poses issues for clinicians and is becoming outdated by changes in CMS payment systems.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

Around the web

Five of the largest U.S. medical societies focused on cardiovascular health are one step closer to seeing their paradigm-shifting proposal become a reality.

The Society for Cardiovascular Angiography & Interventions and Society of Thoracic Surgeons have both shared statements in support of the ban, which is already being challenged in court. The American Hospital Association, meanwhile, opposes the policy shift, saying it “errs by seeking to create a one-size-fits-all rule”

Alison Bailey, MD, co-chair of the business of cardiology sessions at ACC.24, emphasized that reimbursement cuts can have a long-term negative impact on patient. 

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