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.

Orbita and ERT Collaborate to Optimize Data Capture, Insights for Pharmaceutical and Device Trials

Orbita, Inc., a leading provider of voice-first software for connected home healthcare announced today a collaboration withERT to research innovative new approaches to data procurement and management for pharmaceutical and device customers seeking to streamline clinical trials. The collaboration combines the advanced capabilities of ERT’s EXPERT™ technology platform for clinical trial data collection, processing, and analysis with Orbita Voice™, a first-of-its-kind solution for creating conversational applications using intelligent voice agents such as Amazon Alexa and Google Assistant.

Top 5 concerns inflammatory bowel disease patients post on social media

Researchers from Cedars-Sinai have been able to extract primary concerns patients with inflammatory bowel disease (IBD) have about their biologic medications through social media posts. Findings were published in Inflammatory Bowel Diseases, the official journal of the Crohn's and Colitis Foundation.

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Steward would become largest for-profit hospital operator after IASIS merger

Boston-based Steward Health Care System would become the largest for-profit hospital operator in the U.S. if it wins regulatory approval for a $2 billion merger with Franklin, Tennessee-based IASIS Healthcare. 

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HFMA ANI 2017 preview: ‘Healthcare finance has always been about change’

Policy uncertainty, changing reimbursement models and price transparency are just some of the topics expected to be discussed at the Healthcare Financial Management Association’s upcoming Annual National Institute, which runs from June 25 to 28 at the Orange County Convention Center in Orlando, Florida. 

Email provides new tool to help smokers quit

Smoking cessation can be a daunting task for many smokers—but help could be found in your email inbox. An American Cancer Society study, published in Tobacco Control, found personalized and frequent emails were as effective in helping patients quit smoking as many leading medications. 

Athenahealth sale ‘possible’ with activist investor taking 9.2% stake

Activist hedge fund manager Paul Singer of Elliott Management disclosed its 9.2 percent stake in Watertown, Massachusetts-based Athenahealth, sending the company’s stock price soaring.

Rural hospital turns to GoFundMe to stay open

The only hospital in Polk County, Tennessee, has laid off 15 nurses, halted all inpatient care and started a crowdfunding campaign in hopes of raising $100,000.

Trump budget would limit NIH grant recipients' spending on admin, IT

A cap could be placed on what “indirect” medical research costs can be covered by National Institutes of Health (NIH) grants, which researchers warn could “disembowel” their institutions.

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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