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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Frequent messaging improves diabetes management

Communication between patients and providers through secure patient portals offers an extension of care. A study published in Diabetes Care showed patients with diabetes using secure messaging for medical advice have improved levels of management.

Innovations for the improvement of patient identification

Maintaining accurate patient records is key to providing high quality care without errors, yet many of the electronic records stored by healthcare organizations cannot be transferred from one hospital to another. A study published in the Journal of AHIMA examined innovations to improving real-time patient identification and record matching to ensure accurate records.

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3 things to know about Moody’s hospital report

Moody’s Investor Service released its latest review of financial performance for the 323 not-for-profit hospitals it rates on Aug. 21, showing tighter profit margins and a milestone being reached for outpatient revenue in 2016 while retaining a stable outlook for the sector.

Proxy fight could be brewing at Tenet Healthcare

Glenview Capital Management, the largest shareholder in Tenet Healthcare, said it may push for a sale of the company or new leadership after two of its representatives, Randy Simpson and Matt Ripperger, quit the Tenet board over “irreconcilable differences.”

3 trends in healthcare technology

The increase in healthcare IT spending has pushed forward many technologies. Leading trends have brought patient scheduling software, smartwatches and marketing automation to the forefront.

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Medica buying Mayo Clinic’s health benefits division

Minnetonka, Minnesota-based Medica has reached a deal with Mayo Clinic to acquire its Mayo Clinic Health Solutions division, also known as MMSI, for an undisclosed sum.

UPMC to spend $900M on building projects in 2018

University of Pittsburgh Medical Center (UPMC) plans to spend $900 million in its capital budget next year, including a new hospital in York, Pa., renovations at other facilities and paying off prior debt.

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Noninvasive eye scan detects Alzheimer's through plaque in retina

A noninvasive eye scan, developed by neuroscience investigators at Cedars-Sinai Medical Center in Los Angeles, detects Alzheimer’s disease years before symptoms arise by analyzing the amyloid-beta deposits in the retina. The study, published in JCI Insight, outlined how the scan improves current detection methods with high accuracy.

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Around the web

Cardiovascular Business
Cardiologist compensation still rising, especially in invasive and interventional cardiology

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.

Cardiovascular Business
FDA’s tirzepatide decision creates uncertainty for patients—and leads to a lawsuit

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. 

Cardiovascular Business
Cardiology groups cheer new bill that would improve access to Medicare claims data

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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