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.

boston scientific acquires axonics

Rhode Island’s largest hospital receiving $150M investment from Brown University

Lifespan will also be rebranded to reflect the Brown University affiliation.

layoffs staff cuts termination workforce

University Hospitals lays off 300 workers, including 10% of leadership

The health system said very few, if any, clinical jobs will be eliminated and patient care will not be impacted.

money gavel court lawsuit legal judge judgement

Novant Health backs out of North Carolina hospital buyout after FTC pressure

The U.S. Court of Appeals of the Fourth Circuit temporarily blocked the buyout of two North Carolina hospitals after an FTC appeal.

doctor's open hand waiting for a payment

Emergency reimbursement for Change Healthcare breach ends in July

The last day for providers and suppliers to apply for Medicare reimbursement through the advanced payment program is July 12.

Cloud service icon with options and devices

Private equity-backed cardiology group puts cloud-based technology in hands of its cardiologists

Cardiovascular Associates of America, backed by Webster Equity Partners, currently includes practices in eight different states. Its partner cardiologists now have preferred access to multiple cloud-based services provided by Athenahealth. 

Amazon Pharmacy is now delivering medications by done

Amazon expands pharmacy subscription service to Medicare beneficiaries

The online retailer boasts that its $5 RxPass service would save Medicare an estimated $70 a year, per patient.

The ASNC team at the 2024 AMA meeting, Georgia Lawrence, JD, ASNC director of regulatory affairs; Suman Tandon, MD, FASNC, delegate to the AMA HOD and cardiac imager at NYU Langone; and Kathy Flood, ASNC CEO. #AMA #AMA24 #AMA2024 #AMAHOD #ASNC

ASNC supports AMA effort to limit use of AI in prior authorization decisions

The American Society of Nuclear Cardiology (ASNC) supports an AMA policy that condemns the use AI to make prior authorization decisions rather than a doctor or clinician.

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Credentialing is burdening small hospitals—and underserved communities pay the price

There is no way to automate the credential check when a hospital hires a new provider, and the process can sometimes take months to do manually. 

Around the web

The American College of Cardiology has shared its perspective on new CMS payment policies, highlighting revenue concerns while providing key details for cardiologists and other cardiology professionals. 

As debate simmers over how best to regulate AI, experts continue to offer guidance on where to start, how to proceed and what to emphasize. A new resource models its recommendations on what its authors call the “SETO Loop.”

FDA Commissioner Robert Califf, MD, said the clinical community needs to combat health misinformation at a grassroots level. He warned that patients are immersed in a "sea of misinformation without a compass."

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