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.

Ransomware

Ransomware attacks doubled in a five-year period

Healthcare organizations are under threat from a rapid increase in ransomware attacks, putting patient health information at risk.

January 10, 2023
Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule. 

CVS Health invests $100M into hybrid healthcare company

CVS Health Ventures, the corporate venture capital arm for the retail pharmacy giant, has invested $100 million into Carbon Health, a “hybrid” primary care services provider.

 

January 10, 2023
matches burning burnout

NYC’s Mt. Sinai nurses strike

New York City nurses went on strike on Jan. 9 after contract negotiations between workers and two major hospitals collapsed over the weekend.

January 9, 2023
Amazon is acquiring One Medical in a $3.9 billion deal

Amazon’s $4B acquisition of Medical One clears regulators in Oregon

Amazon has overcome another step toward acquiring primary care group One Medical for $3.9 billion after the Oregon Housing Authority cleared the deal.

January 6, 2023
Hospital staff walking through a medical facility, intentionally blurred to look artistic

Hospital margins saw minor improvements at end of 2022

Hospitals faced tough operating conditions in 2022, with many dealing with negative margins and billions of dollars in losses. However, margins saw a slight improvement just before the end of the year, according to the latest National Hospital Flash Report from Kaufman Hall.

January 5, 2023
A sign for reducing physician burnout, which was one of the top priorities at the American Medical Association (AMA) 2022 House of Delegates meeting. Photo by Dave Fornell

How mental health conditions are affecting cardiologists

A survey of nearly 6,000 cardiologists found 1 in 4 experience mental health conditions. 

January 5, 2023
GE has completed the spinoff of its healthcare business, and GE HealthCare began trading as its own entity on the Nasdaq Jan. 4. Stock Market

GE HealthCare stands on its own

GE has completed the spinoff of its healthcare business, and GE HealthCare began trading as its own entity on the Nasdaq Jan. 4.

January 4, 2023
Clyde W. Yancy, MD, MSc, vice dean for diversity and inclusion, chief of cardiology in the Department of Medicine, and a professor of medicine in cardiology and medical social sciences at Northwestern Medicine, discusses health equity issues in cardiology at the American Heart Association (AHA) 2022 meeting.

VIDEO: Health equity and diversity is a business model

Clyde Yancy, MD, vice dean for diversity and inclusion, chief of cardiology, and a professor of medicine in cardiology and medical social sciences at Northwestern Medicine, discusses health equity issues and how greater inclusion should be a business model because of changing demographics.

January 3, 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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