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.

Safety testing could prevent adverse drug reactions, reduce costs

Testing new medications can be risky, especially without an effective monitoring program. A study, published in Medical Care, evaluated the impact drug safety monitoring could have on detecting unsafe medications, improving patient care and controlling medical costs.

UnitedHealth hit with another DOJ lawsuit over Medicare Advantage fraud

The U.S. Department of Justice (DOJ) is again involved in a lawsuit alleging UnitedHealth Group (UHG) received Medicare Advantage payments to which it wasn’t entitled.

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HFMA announces 2017 revenue cycle awards

Seventeen healthcare organizations have been named winners of the 2017 MAP Award for High Performance in Revenue Cycle by the Healthcare Financial Management Association (HFMA).

AI 94% accurate in detecting diabetic retinopathy

Some 45 percent of those with diabetes experience retinopathy, which can cause blindness if not detected early. Researchers from the Byers Eye Institute at Stanford University have published a study in Ophthalmology detailing how artificial intelligence (AI) and deep learning helped create an algorithm to detect diabetic retinopathy (DR).

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Top 6 things patients want in their hospital room

With 35 million Americans admitted to the hospital every year, it’s important they feel comfortable in their surroundings. In a recent study, published in the Journal of Health Environments Research and Design, patients discussed what could be improved upon in hospital rooms.

Weight a minute: Bathroom scales detect arteriosclerosis, cardiac arrhythmia

Stepping on the scale could one day revel more than just weight. Researchers at Kaunas University of Technology (KTU) Institute of Biomedical Engineering in Lithuania have developed a multifunctional scale that could detect conditions such as arteriosclerosis or cardiac arrhythmia.

Kaiser, Ascension see big gains in operating income

Financial reports for Kaiser Permanente and Ascension Health saw double-digit increases in operating income, with some of the gains credited to acquisitions both systems have made in the past year.

Harken Health, UnitedHealth’s primary care-focused startup, will shut down

UnitedHealth subsidiary Harken Health will be closing its doors in its two core markets, Chicago and Atlanta, only two years after beginning to offer plans. 

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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