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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ACA insurers get 3 extra weeks to file final rates for 2018

CMS has pushed back the deadline for insurers to file their final 2018 rate requests for the Affordable Care Act (ACA) exchanges until Sept. 5, giving companies extra time to decide what plans and prices to offer.

Owed $3B in Medicaid payments, Illinois providers struggle to stay open

Illinois has been ordered to prioritize paying down a $3 billion backlog of overdue Medicaid bills, but those paymentsmay  not get to providers in time to stop some of them from closing their practices.

Libertana Home Health, Orbita team up to offer voice software care assistants

Orbita, providers of voice-first software, and Libertana Home Health, a California-based health and housing waiver management company, have teamed up to develop a home care system that uses Amazon’s Alexa voice assistant technology.

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Hospital evaluation tool IDs patients with poor outcomes

A study published in Liver Transplantation examined a common tool used in everyday evaluations and its efficiency in predicting patients in need of additional support after a liver transplant.

Value-based payments are ‘doomed,’ argues former Beth Israel Deaconess CEO

Paul Levy, the former president and CEO of Boston’s Beth Israel Deaconess Medical Center, argues the move towards value-based care is “likely to be an energy-sapping distraction” based on false assumptions about providers' behavior.

It's Never 2 Late Taps Video Game Development & Healthcare Technology Expert Matt Miller to Lead Product Development

It's Never 2 Late®, the leader in providing person-centered digital engagement, content and technology solutions for seniors, announced the expansion of its leadership team with the addition of Matt Miller as Vice President of Product Development. This addition underscores iN2L's commitment to providing personalized engagement solutions that include interactive multimedia, cognitive based gamification and adaptive devices to keep seniors active, connected and engaged.

Cash incentives get patients into doctor’s office

Cash incentives improve the rate of low-income adults making an initial appointment when they become newly covered by a primary care program, according to a study published in Health Affairs.

California hospitals could get back millions in Medicaid payments

An appeals court has sided with hospitals in California by ruling the federal government wrongly approved a 10 percent payment cut for outpatient services in Medi-Cal, the state’s Medicaid program, for an eight-month period beginning in July 2008.

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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