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.

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
bankruptcy.jpg

Invitae to pursue sale amid bankruptcy

The company is seeking the court’s approval to use cash on hand to cover operating costs without disrupting patient care or further endangering employees’ jobs.

February 14, 2024
healthcare money economics dollar stethoscope acquire merger

Quarter of private equity-owned hospitals serve rural populations

Despite care concerns in recent years, private equity firms like Apollo are continuing to scoop up hospitals across the country.

February 12, 2024
American Society of Nuclear Cardiology (ASNC) 2024 President Lawrence Phillips, MD, FASNC, director of nuclear cardiology and medical director for outpatient cardiology at NYU Langone Health, explains ASNC’s advocacy efforts for Medicare payments and reform.

ASNC president advocates for Medicare reimbursement reform

Lawrence Phillips, MD, president of the American Society of Nuclear Cardiology, said that U.S. physicians are growing more and more frustrated by Medicare policies.

February 9, 2024
Meds Drugs Pharma

HHS makes initial drug price offers

The offers on Medicare pricing for 10 specific drugs werent made public, but close watchers expect the government will ask for steep cuts to rein in costs. 

February 1, 2024

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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