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.

Want to control in-hospital infection? Keep your hands to yourself

Patients entering the supposedly sterile environment of a hospital may not realize that at least one in 25 patients acquire an infection while in the facility. To reduce these infections, Mark Sklansky, MD, suggests everyone leave the handshakes at home.

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Insurers favor value-based contracts, but few are available

The majority of health plans responding to a Avalere Health survey said they have favorable attitudes towards value-based contracts, though smaller numbers of insurers are actually pursuing or have entered into those agreements.

$12M patient may have contributed to insurer’s exit from Iowa

A single patient’s astronomical medical bills may have been a factor in Iowa’s largest insurer, Wellmark Blue Cross and Blue Shield, exiting the state’s individual market for 2018. Talking about that patient, however, may have put a company executive in violation of HIPAA.

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EDs may charge 12.6 times Medicare prices—with higher markups than other departments

Emergency department services like suturing a wound or interpreting a CT scan may result in patients being charged up to 12.6 times more than what Medicare would pay, with minorities and uninsured patients the most likely to be hit by the markups.

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Aetna moving its HQ out of Connecticut, considering ‘several states’

Aetna confirmed it is in negotiations to move its corporate headquarters out of Hartford, Connecticut, which was been its home since it began as a fire insurance company in 1819.

Rate dispute between John Hopkins All Children’s, UnitedHealth ‘causing angst’

A stalemate over reimbursement rates at John Hopkins All Children’s Hospital in St. Petersburg, Florida is causing some anxiety for patients and their families.

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CHS to sell 5 hospitals to Reading Health System

The selloff of Community Health System (CHS) hospitals is continuing, as the struggling hospital operator agreed to sell five Pennsylvania hospitals to the not-for-profit Reading Health System.

Sleep tight? Data security keep healthcare execs up at night

Healthcare has its share of ups and downs but some factors weigh more heavily on the minds of executives than others. referralMD has compiled a list of C-suite executives on what keeps them up at night.

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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