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.

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
Medicare data stethoscope healthcare trends graphs finance financials

CMS steps up its game on value-based care communications

The Centers for Medicare & Medicaid Services has launched a website breaking down the basics of value-based care. The site is suitable for educating healthcare consumers and professionals alike.

January 31, 2024
nonprofit hospital operating margins

Hospitals enter 2024 nurturing marginally healthy margins

Anemic post-pandemic operating margins probably won’t cause nonprofit hospitals to suffer credit downgrades “en masse.”

January 31, 2024
dollar money finance debt decrease

AHA prez: Upside to Congressional can-kicking is ‘more time to tell the hospital story and educate lawmakers’

As Congress negotiates reimbursement rates, Rick Pollack, president and CEO of the American Hospital Association, is urging lawmakers to halt any further payment cuts that could compromise patient care and hospital services nationwide. 

January 30, 2024
kaufman hall financial forecast healthcare

Finance specialists: In 2024, hospitals and health systems ‘will not be able to cut their way to profitability’

Along with the obvious hits to patient traffic and population health, the COVID-19 pandemic delivered a financial upending to U.S. healthcare. Is it over yet? 

January 29, 2024
bankruptcy in healthcare

Bankruptcy bug kept biting healthcare in 2023

Healthcare saw an alarming spike in Chapter 11 filings last year, lengthening a trajectory that started taking shape in mid-2022.

January 26, 2024
veterans health administration efficiency

Why is VA medicine more efficient than civilian healthcare? Because ‘caring—not money—is our mission’

If private hospitals and clinics mimicked the staffing strategies of the Veterans Health Administration, the former would employ almost a million fewer nonclinical workers.

January 22, 2024

Around the web

Half a year after President Biden officially directed federal agencies in the executive branch’s bailiwick to “seize the promise and manage the risks” of AI, the White House has posted a status report.

U.S. physicians often receive payments from medical device manufacturers and pharmaceutical companies. New research in JAMA found a connection between receiving such payments and using specific devices—should the industry be concerned? 

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.

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