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.

Carolinas HealthCare accused of gender discrimination in pay

Three female physicians have sued Carolinas HealthCare System, claiming male doctors are paid “substantially more” for doing the same jobs within the company.

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5 reactions to proposed 2018 Physician Fee Schedule

The comment period for the proposed Medicare Physician Fee Schedule (PFS) has closed, with policy and payment updates drawing a typically mixed reaction from stakeholders within the industry.

Centene buying New York’s Fidelis Care for $3.75B

Health insurer Centene announced on Sept. 12 it had entered into a definitive agreement to buy Fidelis Care, the leading Medicaid managed care insurer in New York, for $3.75 billion.

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Online ratings do not correlate to physician performance

Online ratings of physicians do not accurately represent quality or value of care, according ot a study published in the Journal of the American Medical Informatics Association.

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1 in 6 practices paying fees for receiving electronic payments

One-sixth (17 percent) of physician practices responding to a Medical Group Management Association (MGMA) poll said they’re paying fees from 2 to 5 percent for receiving payments electronically—a practice the MGMA wants CMS to prohibit.

Pharma’s 5 methods of squeezing more money from patents

Last week, Allergan sold patent rights to a big-selling eye drug called Restasis to a Native American tribe, which is protected from the lawsuits generic drugmakers use to challenge pharmaceutical patents. As STAT News reports, it’s just one of several tricks big pharma companies use to maintain a monopoly on a product.

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UnitedHealth in talks to buy Chilean insurer Banmedica

UnitedHealth Group, the largest health insurer in the U.S., is considering acquiring Banmedica, an insurer based in Chile, for an undisclosed amount.

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UPMC credit downgraded on risk of PinnacleHealth acquisition

The University of Pittsburgh Medical Center (UPMC) saw its credit rating downgraded by Moody’s Investor Service, along with maintaining a negative outlook on the system, citing its “accelerated expansion and high execution risk” with the acquisition of the seven-hospital PinnacleHealth System.

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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