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News You Need to Know Today
Hot Topic: Top 5 HEALTHCARE ECONOMICS stories from the past few weeks
Saturday, September 5, 2020
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Editor's Choice: Economics

Top Stories

Hospital market analysis: Post-COVID belt-tightening, M&A activity likely ahead

If they hope to survive the COVID healthcare economy, many independent hospitals may need to cut their workforces, slash their expenses, reduce their investments, pull the plug on some clinical service lines—or all of the above.

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Belt
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Hospital market analysis: Post-COVID belt-tightening, M&A activity likely ahead

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Belt
If they hope to survive the COVID healthcare economy, many independent hospitals may need to cut their workforces, slash their expenses, reduce their investments, pull the plug on some clinical service lines—or all of the above.
READ MORE >

NIH announces $129M to expand rapid COVID-19 testing technologies

In total, nine organizations will receive funding as part of the institute's Rapid Acceleration of Diagnostics initiative or RADx.

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According to calculations comparing catheter ablation with drug therapy, the additional quality-adjusted life-years that can result from the treatment justify its increased costs. 
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NIH announces $129M to expand rapid COVID-19 testing technologies

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According to calculations comparing catheter ablation with drug therapy, the additional quality-adjusted life-years that can result from the treatment justify its increased costs. 
In total, nine organizations will receive funding as part of the institute's Rapid Acceleration of Diagnostics initiative or RADx.
READ MORE >

More time to apply for a share of $15B in phase 2 COVID relief funding

Two days before HHS was to stop accepting providers’ applications for a second, $15 billion round of CARES Act relief funding, the agency is announcing it will extend the deadline to Sept. 13.

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Life Preserver
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More time to apply for a share of $15B in phase 2 COVID relief funding

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Life Preserver
Two days before HHS was to stop accepting providers’ applications for a second, $15 billion round of CARES Act relief funding, the agency is announcing it will extend the deadline to Sept. 13.
READ MORE >

Getting acquired by private equity bolsters hospitals’ bottom line, quality status

Comparing the financials of more than 200 private equity-acquired hospitals with those of more than 500 matched controls, Harvard researchers have found Big Money’s backing translates into bigger income.

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Investing
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Getting acquired by private equity bolsters hospitals’ bottom line, quality status

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Investing
Comparing the financials of more than 200 private equity-acquired hospitals with those of more than 500 matched controls, Harvard researchers have found Big Money’s backing translates into bigger income.
READ MORE >

Federal program fumbling funds for uninsured COVID patients

After reviewing provider reimbursements, an investigative reporter suggests the Trump administration’s low-profile initiative hasn’t been uniformly poor so much as undeniably erratic.

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Hospital Costs
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Federal program fumbling funds for uninsured COVID patients

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Hospital Costs
After reviewing provider reimbursements, an investigative reporter suggests the Trump administration’s low-profile initiative hasn’t been uniformly poor so much as undeniably erratic.
READ MORE >

Featured Articles

Providers still making more despite flat productivity

Judging by work RVUs, U.S. physicians and other clinicians are getting decent raises every year without lifting their billable productivity enough to pay for it, AMGA’s latest survey suggests.

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Radiologists are receiving salary offers averaging $455,000 to start a new job in 2022, up from $401,000 in 2021.  
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Providers still making more despite flat productivity

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Radiologists are receiving salary offers averaging $455,000 to start a new job in 2022, up from $401,000 in 2021.  
Judging by work RVUs, U.S. physicians and other clinicians are getting decent raises every year without lifting their billable productivity enough to pay for it, AMGA’s latest survey suggests.
READ MORE >

Nursing homes, assisted living centers expect COVID-caused closings

Unless there’s a turnaround from the high costs and low revenues of the COVID healthcare economy, more than 70% of nursing homes and 64% of assisted living communities will not be here a year from now.  

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Elderly
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Nursing homes, assisted living centers expect COVID-caused closings

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Elderly
Unless there’s a turnaround from the high costs and low revenues of the COVID healthcare economy, more than 70% of nursing homes and 64% of assisted living communities will not be here a year from now.  
READ MORE >

Analysis: $1.4B could have gone to better uses than discarded Medicare drugs

The authors suggest requiring drugmakers, hospitals and doctors to refund CMS and/or making pharma companies right-size drug containers.

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Analysis: $1.4B could have gone to better uses than discarded Medicare drugs

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The authors suggest requiring drugmakers, hospitals and doctors to refund CMS and/or making pharma companies right-size drug containers.
READ MORE >

$1.4B in fresh COVID relief headed for freestanding children’s hospitals

HHS says bullseye recipients are pediatric hospitals that are unaffiliated with larger health systems, serve vulnerable populations and have taken revenue hits during the COVID crisis.

READ MORE >
The Society for Cardiovascular Angiography and Interventions (SCAI) has responded to the U.S. Food and Drug Administration’s (FDA’s) recommendation that all infants and young children who receive iodinated contrast media (ICM) undergo thyroid testing. The group pushed back against this proposal, emphasizing that implementation would have “far-reaching consequences.”
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$1.4B in fresh COVID relief headed for freestanding children’s hospitals

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The Society for Cardiovascular Angiography and Interventions (SCAI) has responded to the U.S. Food and Drug Administration’s (FDA’s) recommendation that all infants and young children who receive iodinated contrast media (ICM) undergo thyroid testing. The group pushed back against this proposal, emphasizing that implementation would have “far-reaching consequences.”
HHS says bullseye recipients are pediatric hospitals that are unaffiliated with larger health systems, serve vulnerable populations and have taken revenue hits during the COVID crisis.
READ MORE >

7 reasons Slavitt is jazzed over rapid saliva test for COVID

Former CMS acting head Andy Slavitt, MBA, is virtually fist-bumping the FDA for greenlighting Yale’s fast and cheap SalivaDirect protocol for COVID testing.

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Covid Test
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7 reasons Slavitt is jazzed over rapid saliva test for COVID

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Covid Test
Former CMS acting head Andy Slavitt, MBA, is virtually fist-bumping the FDA for greenlighting Yale’s fast and cheap SalivaDirect protocol for COVID testing.
READ MORE >

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