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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New medical notes system allows for patient input, increases engagement

Allowing patients to write or add notes to their medical health records could keep patients more engaged in their care while also improving relationships with their physicians and reducing physician workload, according to a study published in the Annals of Internal Medicine.

3D printing improves accuracy, personalization of prosthetic implants

Researchers have developed accurate, personalized prosthetic implants for the middle ear using CT scans and 3D printing, according to a study presented at the annual Radiological Society of North America (RSNA) meeting.

CMS may set new standards on high-priced drugs

CMS Administrator Seema Verma, MPH, told Reuters the agency is considering several options to limit Medicare and Medicaid’s costs for covering breakthrough medical treatments with very high price tags.

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Fitch Ratings: ‘Successful disruption’ of healthcare may be coming

An overall stable outlook for the healthcare sector in 2018 the latest report from Fitch Ratings came with a warning that individual companies will likely see a greater number of credit downgrades, while the industry as a whole could soon face disruption by “outside forces.”

Why a hospital billed $1,877 for an ear piercing

When Margaret O’Neill brought her 5-year-old daughter to Children’s Hospital Colorado in Aurora for an outpatient procedure to snip some tissue around her tongue, the surgeon made an unusual offer to pierce her ears while she was under anesthesia.

Hospital groups fighting CMS, pharma on 340B cuts

The American Hospital Association, America’s Essential Hospitals and the Association of American Medical Colleges are both lobbying against and suing over a CMS rule to cut Medicare payments made through 340B drug discount program by 28 percent.

‘Wave’ of healthcare bankruptcies predicted for 2018

Bankruptcy filings among healthcare companies more than tripled in 2017, according to Bloomberg, and there are signs that 2018 will bring more filings or debt restructuring from hospitals and other medical organizations.

NextGen Healthcare releases enhancements to EHR-mobile suite

Quality Systems, also known as NextGen Healthcare, have announced product enhancements to their mobile workflow system, including speech documentation for clinic and hospital support and facilitate the management of ICD-10 diagnoses.

Around the web

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.

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. 

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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