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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Tenet reportedly won’t be sold as it posts $366M loss

One of the largest for-profit hospital operators in the U.S., Tenet Healthcare, has halted plans to sell itself after the early exit of CEO and chairman Trevor Fetter, Reuters reports.

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Aetna rumored to be in talks for sale to CVS

Retail and pharmacy giant CVS in reportedly in talks to buy Aetna, one of the largest health insurers in the U.S., in a deal valued at more than $66 billion.

VA could save $1.6B by balancing patient-provider ratio

According to a new study from Lightning Bolt, providers of automated physician scheduling, the Department of Veterans Affairs (VA) could save $1.6 billion annually if the organization could balance patient and physician volumes.

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34% average premium hike for silver plans on ACA exchanges

The most popular health plans on the Affordable Care Act (ACA)’s exchanges, silver-level plans, will require 34 percent higher premiums on average in 2018, according to an analysis from Avalere Health. The average hike for the second-lowest-priced silver plans, often considered the benchmark for the exchanges, will be 38 percent.

AHA warns hospitals about journalist investigating ER bills

Vox reporter Sarah Kliff has asked patients to submit their emergency room bills from 2012 through 2017 for a project focused on secretive hospital prices and facility fees. This request has caught the attention of the American Hospital Association (AHA), which sent out a memo alerting its members about the project.

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Machine learning IDs tweets marketing, selling opioids

Researchers from the University of California, San Diego have developed a machine learning tool to sort through Twitter to identify tweets illegally selling prescription opioids online, according to a study published in the American Journal of Public Health.

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Patients prefer face-to-face interactions with physicians to a digital meeting

According to a study to be presented at the 2017 Palliative and Supportive Care in Oncology Symposium, patients prefer physicians communicate with them face-to-face with a notepad rather than being on the computer.

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Select Medical, Dignity Health to merge urgent care business

Two of the top operators of urgent care centers have entered into a definitive agreement to combine their urgent care business into one of the largest in the industry.

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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