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.

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IBM uses big data to detect Ebola's spread in animals

IBM researchers have announced new strategies in detecting and treating Ebola. They are using big data analytics to identify infected animal carriers, previously unstudied as a spread of the disease, to understand how the disease spreads.

Aetna completely out of ACA exchanges for 2018

Making good on promises made by its CEO earlier this year, Aetna confirmed it will not offer policies on the Affordable Care Act (ACA) exchanges in any market for 2018. 

New Jersey hospital deal collapses after gaining state approval

Ontario, California-based Prime Healthcare Foundation won regulatory approval on May 8 to buy Salem, New Jersey-based Memorial Hospital of Salem County—but then decided to scuttle the deal the very same day.

Wireless earbuds advance from playing music to hearing aids

When gadget manufacturers introduced wireless earbuds, many consumers expressed interest in the innovation. Noah Kraft, cofounder and CEO of Doppler Labs, saw the product could expand past just playing music—he lead a team to develop smart earbuds that act as over-the-counter hearing aids.

Clinicians can check 2017 MIPS participation status online

CMS has opened up a new online tool for clinicians to check whether they should participate in the new Merit-based Incentive Payment System (MIPS) for 2017.

Anthem wants 60 more days to fight Cigna’s exit from merger

Anthem has requested more time from a Delaware court to salvage its $54 billion merger with Cigna, asking for a 60-day extension of a temporary injunction to block its would-be partner from opting out of the deal. 

Seattle hospital director: ACA replacement plan would cost his facility $637 million

In the debate over the American Health Care Act (AHCA), the Republican-sponsored plan to replace the Affordable Care Act (ACA), little has been said about its impact on hospital finances, but one Seattle hospital executive indicated it would be devastating. 

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Billing patients at chargemaster rates may be illegal

Charging patients at the list prices for procedures and services set by the hospital chargemaster isn’t allowed under contract law, according to a study published in American Journal of Managed Care.

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Around the web

Cardiovascular Business
Cardiologist compensation still rising, especially in invasive and interventional cardiology

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.

Cardiovascular Business
FDA’s tirzepatide decision creates uncertainty for patients—and leads to a lawsuit

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. 

Cardiovascular Business
Cardiology groups cheer new bill that would improve access to Medicare claims data

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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