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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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. 

Physician burnout linked to environment, stress, taking work home

Increasing rates of physician burnout are negative affecting providers as well as patients. Researchers in JAMA Internal Medicine explored exactly why physicians feel burned out—with leading causes including excessive workloads, stressful environments and a lacking work-life balance.

UnitedHealth whistleblower: ‘They’ve set up a perfect scheme here’

Major insurance companies have been “bilking” Medicare Advantage (MA) for years through upcoding, according to Benjamin Poehling, the one-time UnitedHealth executive who has filed a whistleblower lawsuit against his former company.

Around the web

The tirzepatide shortage that first began in 2022 has been resolved. Drug companies distributing compounded versions of the popular drug now have two to three more months to distribute their remaining supply.

The 24 members of the House Task Force on AI—12 reps from each party—have posted a 253-page report detailing their bipartisan vision for encouraging innovation while minimizing risks. 

Merck sent Hansoh Pharma, a Chinese biopharmaceutical company, an upfront payment of $112 million to license a new investigational GLP-1 receptor agonist. There could be many more payments to come if certain milestones are met.