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.

Algorithm predicts cartilage degeneration leading to osteoarthritis

Researchers from the University of Eastern Finland have developed a cartilage degenerative algorithm capable of predicting the progression of osteoarthritis in patients. The findings were published in Scientific Reports.

ivWatch receives innovative technology contract from Vizient

ivWatch, providers of continuous monitoring devices, has been awarded the Innovative Technology contract from the healthcare performance improvement provider Vizient.

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UnitedHealth buys Advisory Board’s healthcare division as part of $2.6B deal

The Advisory Board Company has announced a $2.6 billion deal which will see UnitedHealth Group’s Optum health services segment take over its healthcare business.

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VR games reduce stress, anxiety in pediatric patients

Virtual reality (VR) technology has replaced anesthesia for pediatric patients at Lucile Packard Children's Hospital Stanford, who have implemented distraction medicine to reduce pain and anxiety.

Partners delaying purchase of Care New England

Boston-based Partners HealthCare is holding off on its acquisition of Rhode Island’s No. 2 hospital system, Care New England, after the latter reported heavy losses.

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.

Around the web

The American College of Cardiology has sent a letter to HHS Secretary Robert F. Kennedy Jr. that outlines some of the organization’s central priorities and concerns. 

One product is being pulled from the market, and the other is receiving updated instructions for use.

If the Trump administration continues taking a laissez-faire stance toward AI—including AI used in healthcare—why not let the states go it alone on regulating the technology?