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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Genetic ancestry test more accurately identifies high risk stroke patients

A genetic ancestry test was more accurate than conventional self-reports of race, cultural identity or ethnicity at identifying patients at risk for bleeding stoke. Findings were presented at the American Stroke Association's International Stroke Conference 2018. 

ACA lowered out-of-pocket spending, but premiums kept rising

Out-of-pocket healthcare spending fell by 12 percent in the two years after the Affordable Care Act (ACA) was fully implemented, but premiums rose by the same percentage.

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Rising prices, not utilization, driving up healthcare spending

Increased prices for many healthcare services were almost entirely responsible for driving up healthcare spending by 15 percent between 2012 and 2016, according to a report by the Health Care Cost Institute (HCCI).

New Jersey hospital’s tax-exempt status challenged by city council

Hackensack University Medical Center could be on the hook to pay back millions in property taxes if the Hackensack, New Jersey, city council gets its way.

Interactive simulation could change behaviors of those with type 2 diabetes

An interactive, personalized simulation for patients with type 2 diabetes can show the effects of exercise on blood sugar, potentially improving behavior, according to a study published in JMIR Diabetes.

GAO: Oversight of imported radiological material needs to be improved

On Jan. 12, the U.S. Government Accounting Office (GAO) published a 28-page report on its website that called for U.S. Customs and Border Protection (CBP) to improve its ability to verify the licenses of imported radiological material.

No risk, no reward: ACOs would've made $966M more in downside risk model

If accountable care organizations (ACOs) had moved from the upside-only Track 1 of the Medicare Shared Savings Program and assumed downside risk, they would’ve earned an additional $966 million if they qualified for the 5 percent bonus for Advanced Alternative Payment Models (AAPMs). Without that bonus, however, the financial benefits would disappear.

‘Secret’ negotiations alleged in stumbling block for Carolinas-UNC merger

A board member of UNC Health Care has alleged the health system may have acted illegally by conducting closed-door negotiations on a proposed merger with Carolinas HealthCare System “for the better part of a year” without informing the board. The board’s leaders responded by saying that member has a conflict of interest and shouldn’t be involved with the deal.

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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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