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.

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23 healthcare workers arrested for protesting Kaiser Permanente staffing policies

The protesters were arrested for civil disobedience after organizing at the W Hollywood Hotel.

September 5, 2023
gold card

AHA shares support of new prior authorization reform in letter to Congress

The American Hospital Association believes the Gold Card Act could help healthcare providers throughout the country avoid "dangerous delays." 

August 31, 2023
Healthcare M&A, mergers and acquisitions business deal.

Centene to offload UK hospital system for $1.2B

The company reached a definitive agreement to sell Circle Health to the largest health system in the Middle East.

August 28, 2023
Former managers of a Tampa Florida-based radiology company Advanced Diagnostic Group (ADG) and its employee stock ownership plan (ESOP) retirement benefit manager GreatBanc Trust Co. will pay $19 million to settle a class action lawsuit. The suit alleges they allowed the ESOP’s value to be diverted to managers, directors and their shell companies and away from employee participants. money gavel court lawsuit legal judge judgement

Florida doctor pleads guilty to role in conspiracy to control cancer resources

“The FBI will not stand by and allow those trusted with saving lives to manipulate the healthcare system for their own benefit," one agent said in a DOJ statement. 

August 28, 2023
artificial intelligence money finance acquisition

AI specialists focused on discovering new drug therapies raise $200M

“AI presents a potent opportunity to revolutionize the drug discovery process," according to the company's CEO.

August 21, 2023
The U.S. Food and Drug Administration (FDA) has issued a new draft guidance designed to help applicants add clinically relevant information about QTc interval prolongation to the labeling of non-antiarrhythmic drugs

‘Gray market’ vendors hike up prices during drug shortages, leaving hospitals in a bind

Hospital executives find themselves in a challenging position—pay big bucks for hard-to-find medications or risk letting their patients down. 

August 18, 2023
USA China artificial intelligence race

Race for AI dominance: 5 points to ponder about US v. China

AI that’s intended to let cars drive themselves can be repurposed to let tanks level cities. And AI can just as easily weaponize a virus as diagnose it. These are not secrets.

August 17, 2023
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Biden administration invests $100M in strengthening nursing workforce

The funding is a response to the escalating demand for registered nurses, nurse practitioners, certified nurse midwives and nurse faculty throughout the United States. 

August 15, 2023

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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