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.

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Connecticut receives $12.2M grant to develop statewide health information exchange

The state of Connecticut was recently awarded a $12.2 million grant to help support its effort to create a statewide health information exchange.

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Electronic device used to detect, treat epileptic seizures in mice

Researchers are hoping an electronic device used to detect, stop and prevent epileptic seizures in mice can be used to treat other neurological disorders, according to a study published in Science Advances.

New 'ultralaser' treatment reduces pain for fibromyalgia patients

Fibromyalgia patients experienced significant pain reduction thanks to a new device that uses both ultrasound and laser therapy to help treat the disease, according to a pilot study.

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Reproducibility still a concern in social sciences—but experts remain focused on improvements

A study published Aug. 27 in Nature Human Behaviour showed that scientists are skilled in detected questionable and/or unreliable results.

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Patients more likely to contract central line infections in semi-private hospital rooms

Patients staying in semi-private hospital rooms have a greater chance of contracting a central line-associated bloodstream infections (CLABSI) when compared to those in private rooms, according to a study published in PLOS One.

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Assistive surgical devices earn top prizes at biomedical design competition

Several assistive surgical devices took home top prizes during this year’s Design by Biomedical Undergraduate Teams (DEBUT) challenge, arranged by the National Institute of Biomedical Imaging and Bioengineering (NIBIB) and VentureWell.

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Googling symptoms may improve patient interactions with physicians

A team of Australian researchers found those who consulted online resources had better interactions, because it led to more informed discussions while not undermining trust in diagnoses and treatment plans. Still, while the activity was generally considered positive, searches could increase patient anxiety.

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Express Scripts expands efforts in distribution of big-money gene therapies

Express Scripts, the largest pharmacy benefits management company in the United States with annual revenue of $100 billion, looks like it’s trying to diversify its business offerings. In an interview with Reuters, Steve Miller, chief medical officer of Express Scripts, confirmed the organization is in negotiations with biotechnology companies to exclusively distribute hemophilia therapies.

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Around the web

Cardiovascular Business
Cardiologist compensation still rising, especially in invasive and interventional cardiology

Updated compensation data includes good news for multiple subspecialties. The new report also examines private equity's impact on employment models and how much male cardiologists earn compared to females.

Cardiovascular Business
FDA’s tirzepatide decision creates uncertainty for patients—and leads to a lawsuit

When drugs are on the FDA’s shortage list, outsourcing facilities can produce their own compounded versions. When the FDA removed tirzepatide from that list with no warning, it created a considerable amount of chaos both behind the scenes and in pharmacies all over the country. 

Cardiovascular Business
Cardiology groups cheer new bill that would improve access to Medicare claims data

If passed, this bill would help clinician-led clinical registries explore Medicare data for research purposes. The Society of Thoracic Surgeons and American College of Cardiology both shared public support for the bipartisan legislation. 

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