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.

Cardiologist salary update: Compensation jumps to $525K per year, No. 3 among all specialties
In addition, cardiologists average an additional $75,000 per year in incentive-based bonuses. That number is only higher for two other specialties.
Recent Rite Aid store closings exceed 200
Right Aid is turning out the lights in 53 more stores across nine states.
The growing shortage or general cardiologists and recruiting crisis in rural America
There is a rapidly growing shortage in general cardiologists and for positions in rural areas, numerous healthcare system recruiters set up at the ACC reported.
CMS proposed rule would boost Medicare inpatient rates by 2.6%
CMS has issued a proposed rule that would result in a net increase of 2.6% to the Medicare inpatient prospective payment system rate for fiscal year 2025, a raise that hospital trade groups say doesn’t go far enough.
Critics call out ‘woefully inadequate’ CMS proposal for inpatient Medicare payments
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.

africa looks to artificial intelligence for healthcare improvement

Overheard in Africa: AI may be just what the doctor ordered for better healthcare, stronger society

Technology leaders and academic researchers joined with healthcare professionals in Nigeria Nov. 13 to sketch out the future of African healthcare.

November 15, 2023

Even facing hefty fines, many hospitals punt on price transparency. Why is that?

Seeking to uncover the rationale driving hospitals to flout compliance, researchers interviewed hospital informants at 12 nonprofit institutions.

November 14, 2023

hospital board of trustees directors AHA

The care and feeding of hospital boards, AHA style

Three-fourths of hospital board members have no clinical background. Given this lack, how are hospitals supposed to effectively conduct quality- and performance-improvement efforts?

November 10, 2023

24 weighted metrics in 4 telling categories reveal best, worst states for healthcare

The Northeast is home to seven of the best states for healthcare. The South is that picture’s reverse image, hosting seven of the worst.

November 2, 2023

Hospitals have been profitable for most of 2023

Syntellis Performance Solutions released a new report that shows hospitals in the U.S. have been profitable for the last seven months.

November 1, 2023

Patients receive unnecessary coronary stents during percutaneous coronary intervention (PCI) procedures at an alarming rate, according to a new report from the Lown Institute. The analysis included approximately 1 million stent procedures performed at more than 1,700 U.S. hospitals and outpatient facilities from 2019 to 2021.

‘More dangerous than useful’: 1 in 5 coronary stents implanted by cardiologists are unnecessary, wasting $800M per year

A cardiologist-led think tank tracked data from more than 1 million procedures, exploring the clinical and economic impacts of implanting low-value coronary stents.

October 31, 2023

Nurses weigh in on best and worst hospitals to work for

A new national index showing levels of job satisfaction among nurses has Michigan Medicine and Houston Methodist tied for the top spot overall, at least within the “hospitals and health systems” subcategory.

October 31, 2023

money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.

Holding company acquires heart monitoring specialists Digital Diagnostics Imaging for $11M

DDI currently has contracts with nursing homes and hospitals in 42 states.

October 30, 2023

Around the web

Cardiovascular Business

Cardiologist salary update: Compensation jumps to $525K per year, No. 3 among all specialties

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

Cardiovascular Business

Critics call out ‘woefully inadequate’ CMS proposal for inpatient Medicare payments

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.

Cardiovascular Business

Johnson & Johnson to acquire Shockwave Medical for $13.1B

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

Economics

Cardiologist salary update: Compensation jumps to $525K per year, No. 3 among all specialties

Recent Rite Aid store closings exceed 200

The growing shortage or general cardiologists and recruiting crisis in rural America

CMS proposed rule would boost Medicare inpatient rates by 2.6%

Critics call out ‘woefully inadequate’ CMS proposal for inpatient Medicare payments

Around the web