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.

Consolidation trend requires new approaches to preserving competition

Much of the September issue of Health Affairs deals with the increasing consolidation of healthcare organizations. To maintain competition, regulators need to do more than rely on antitrust enforcement.

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Insurers can match bargaining power of consolidated providers but consumers don’t benefit

In markets where both insurers and providers have become highly concentrated, insurers had enough bargaining power to reduce prices on hospitalization and certain specialty care. Those savings were not, however, passed onto consumers in the form of lower premiums.

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Carolinas HealthCare to merge with UNC Health

Charlotte-based Carolinas HealthCare System, already the largest health system in North Carolina, has announced plans to grow even bigger by creating a joint venture with University of North Carolina (UNC) Health Care.

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Toothache, back pain top list of 'avoidable' reasons to visit ED

Reducing the amount of avoidable emergency department (ED) visits could save healthcare organizations money while also improving patient health. A study in the International Journal for Quality in Health Care examined the types of avoidable ED visits to provide policymakers with data to help limit unnecessary ED visits.

Patients with low health literacy 2.3 times more likely to visit ED

Preventative medicine has been proven to improve overall health of patients while also reducing the cost of care, but many factors avert the possibilities of prevention. In a study published in Academic Emergency Medicine, researchers evaluated the correlation between health literacy and preventable emergency department (ED) visits that resulted in admission.

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Advocate 'actively exploring' acquisitions, affiliations after 42% drop in operating income

Second quarter financials for Downers Grove, Illinois-based Advocate Health Care showed a 41.8 percent year-over-year drop in operating income, which fell to $47.4 million.

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Predictive model IDs patients at risk of opioid dependence

The opioid epidemic continues to impact millions of Americans, but researchers have developed a new method to genetically identify patients more at risk of developing an opioid addiction. Findings are published in Annals of Clinical & Laboratory Science.

Mississippi defends managed care contracts against criticism from losing bidders

Two companies who weren’t chosen in bids for $2 billion in Medicaid managed care business in Mississippi have protested the decision, claiming the state scored them unfairly and chose a bidder with a connection with to the state Medicaid director.

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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