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.

Two studies address alarm fatigue in ICU

Alarm fatigue within the intensive care unit (ICU) can negatively impact patient safety and lead to life-threatening events. Researchers from Harlem Hospital and Maimonides Medical Center, both in New York, aimed to identify solutions fight such fatigue.

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YouTube videos fall short in educating patients about influenza

Watching videos is a fun and easy way to learn about something new—and healthcare professionals are taking advantage of platforms like YouTube to educate patients. In a study published in Chest, researchers evaluated the educational quality of seasonal influenza videos on YouTube.

Statement by FDA Commissioner Scott Gottlieb, MD, on medical device manufacturing recovery in Puerto Rico

During the weeks since Hurricanes Irma and Maria devastated the infrastructure of Puerto Rico, the U.S. Food and Drug Administration has joined federal and local agencies in the effort to help the people of Puerto Rico recover and begin to rebuild the island. Among the challenges the FDA has addressed is the potential for shortages of critical medical products. The FDA has been monitoring more than 40 drug products and working closely with dozens of pharmaceutical and medical device companies to help these important facilities get back online; enabling employees to return to work and manufacturers to ramp up production of medical products used by all Americans.

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AMA: 69% of metro areas have ‘significant absence’ of health insurer competition

Health insurance markets have become increasingly consolidated, according to a study released by the American Medical Association (AMA), with more metropolitan areas meeting the federal definition of a “highly concentrated” market and more insurers attaining a 50 percent market share

AMA joins leading companies, organizations to develop data model

The American Medical Association (AMA) has partnered with IBM, Cerner, Intermountain Healthcare, the American Heart Association and the American Medical Informatics Association to develop the Integrated Health Model Initiative (IHMI).

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5 things to know about negotiating bundled payments

Bundled payment models have been more slowly adopted among commercial insurers compared to numerous government models pushed by CMS. For providers, commercial bundles can offer plenty of opportunities, according to Penny Noyes, president and CEO of Health Business Navigators, as long as practices, as she puts it, “think like a payer” in negotiations.

Solera Health, ADA partner to prevent type 2 diabetes

Solera Health, a preventive care benefits manager, has partnered with the American Diabetes Association (ADA) to provide at-risk type 2 diabetes patients with access to the Diabetes Prevention Program (DPP) and Solera4Me, an online platform for diabetes management.

High-tech prosthetic knees could reduce medical cost of a fall

Mayo Clinic researchers found the type of prosthetic knee used in patients has dramatically different effects on medical costs associated with falls, according to a study published in Prosthetics and Orthotics International.

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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