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.

CMS asked to delay cuts to Medicaid DSH payments

The American Hospital Association (AHA) and dozens of doctors and hospitals have asked CMS to delay proposed cuts to Medicaid disproportionate share hospital (DSH) payments, arguing reductions would hamper safety-net hospitals and criticizing how the payments would be calculated.

For-profit hospitals will continue to struggle with weak admissions

Rising out-of-pocket costs and the shift towards high-deductible health plans will cause admissions to be weak at for-profit hospitals through 2018, according to Reuters.

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Northwell Health to shut down its insurance business

The largest hospital system in New York, Northwell Health, announced it will wind down operations of its CareConnect insurance division due to financial losses caused by the Affordable Care Act’s risk adjustment program.

Have $13 to spare? You could’ve bought a hospital

The shuttered Mineral Area Regional Medical Center in Farmington, Missouri, was sold for just $13, according to the St. Louis Post-Dispatch.

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AI detects melanoma in earliest stages

Researchers from the University of Waterloo and the Sunnybrook Research Institute in Toronto have developed machine learning software capable of detecting melanoma skin cancer. This early detection method aims to provide tools necessary to catch and treat skin cancer in its early and most treatable stages.

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What attendees want from vendors at AHIMA 17

An expanded vendor hall is one of the draws for repeat attendees at this year’s American Health Information Management Association (AHIMA) conference, being held in Los Angeles from Oct. 7-11. Attendees are expecting to find “anything that makes their job easier,” according to group’s vice president of health information management (HIM) practice excellence, Lou Ann Wiedemann, MS.

Harvard Health, Outcome Health partner with aim to improve digital care

Harvard Health Publications (HHP) and Outcome Health have joined forces to bring Harvard Medical School (HMS)’s insight to 40,000 waiting and exam rooms through Outcome Health’s digital platform.

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Ascension to acquire Chicago’s Presence Health

Ascension Health, already the largest integrated health system in the U.S. by number of facilities, will grow larger by acquiring Chicago-based Presence Health, the largest Catholic health system in Illinois.

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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