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.

Treatment.com unveils Merlin - Enterprise Intelligence (AI) Platform for Healthcare

Treatment.com, a Minnesota-based healthcare AI solutions company, announced the first glimpse of its game-changing MerlinTM – Enterprise Intelligence AI Platform (EIP) solution, creating a new category of healthcare Artificial Intelligence (AI).

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919,000 healthcare jobs could be lost under Senate healthcare bill

The Better Care Reconciliation Act (BCRA) would eliminate one of every 22 healthcare jobs by 2026, according to a new study from George Washington University’s Milken Institute School of Public Health and the Commonwealth Fund.

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Q&A with TransUnion execs: Patients are the new payers

One of the most frequently discussed topics from the Healthcare Financial Management Association (HFMA) conference was the need to increase patient engagement when it comes to payment as out-of-pocket costs and deductibles continue to rise.

UnitedHealth could buy Advisory Board’s healthcare division

As a part of a deal to split up consulting and research firm The Advisory Board Company, its healthcare business could be purchased by UnitedHealth, the nation’s largest health insurer.

Billionaire doctor Patrick Soon-Shiong to take over 6 California hospitals

NantWorks, the company run by billionaire Patrick Soon-Shiong, MD, will take over operations at six California hospitals after acquiring controlling interest in Integrity Healthcare, the management company of Verity Health System.

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Providers won’t be able to avoid downside risk much longer

Among hundreds of healthcare finance professionals at a Healthcare Financial Management Association (HFMA) conference presentation, no one could say their systems were taking on downside risk above 5 percent of their total revenue. Francois de Brantes, MS, MBA, vice president and director of the Altarum Institute’s Center for Payment Innovation, said that needs to change.

Wasteful healthcare spending can’t be pinned on end-of-life care

Reducing medical spending in the last year of a patient’s life isn’t a panacea for limiting growth in overall healthcare costs, according to a study published in the July 2017 issue of Health Affairs.

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HFMA 2017: Hospital finance execs have ‘significant lack of knowledge’ around MACRA

Nearly halfway through the first year of Medicare Access and CHIP Reauthorization Act’s (MACRA) new payment tracks and hospital, a majority of hospital finance executives and professionals say understand the requirements of the new Quality Payment Program (QPP) but, in reality, still seem to be confused.

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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