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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85% of physicians: Fear of malpractice leads to over-treatment

Over-treating patients means wasted resources and increased exposure to harm for individuals. In a study published in PLOS ONE, researchers surveyed physicians on causes, prevalence and consequences of over-treatment.

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Team-based approach needs 63% percent capitation to be viable in primary care

Sixty-three percent capitation would needed in order to make population health management, including team- and non-visit-based services, financially viable for a primary care practice.

Hospital spending growth falls to 28-year low

Between June 2016 and June 2017, hospital spending grew by 0.8 percent, according to revised economic indicators data posted by the Altarum Institute.

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Tenet selling more hospitals amid discussion of company break-up

Tenet Healthcare announced it will sell eight hospitals in the U.S. and its nine hospitals and clinics in the United Kingdom, yielding up to $1 billion for the company, though breaking up the company’s three main business lines is also a possibility, according to outgoing CEO Trevor Fetter.

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Combining addiction treatment, primary care improves access for opioid addiction

Treating opioid addiction by combining primary care and addiction treatment leads to higher rates of drug abstinence, according to a study published in JAMA Internal Medicine.

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76% of pregnant women use the internet for medication info

Accessing medical information over the internet can be helpful to quickly gain tips in keeping healthy—but it's unknown how often these searches lead to one purchasing online prescriptions. A study published in the Journal of Advanced Nursing examined rates of pregnant women who search online for medication advice and purchase prescriptions.

Small acquisitions driving the healthcare consolidation trend

With many hospital-owned physician practices exceeding federal guidelines for controlling a market, observers both inside and outside the industry may be asking why regulators aren’t blocking more of these mergers. That’s because the physician-fueled deals are too small to trigger notice by those charged with fighting monopolies.

Washington hospital sued for allegedly withholding charity care

St. Joseph Medical Center in Tacoma, Washington, has been sued by the state’s attorney general for allegedly instructing employees not to mention the availability of charity care to patients, even when they were “obviously low-income or homeless.”

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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