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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Artificial intelligence 96% accurate in detecting tuberculosis

Tuberculosis (TB) remains one of the top global causes of death due to a lack of screening in remote areas with limited access to radiologists. A recent study published in Radiology discussed how researchers have utilized artificial intelligence (AI) to identify TB on chest x-rays.

Centene confirms 2018 ACA exchange participation after strong Q1 earnings

St. Louis-based insurer Centene says its committed to offering coverage on the Affordable Care Act (ACA) exchanges in 2018, reporting growth of 500,000 in its marketplace plans through the first quarter of 2017.

Combining 3D printing, special effects helps make surgical practice perfect

Practicing complex surgical procedures on cadavers can be expensive. In an article in Journal of Neurosurgery: Pediatrics, researchers outlined an improved method of practice for surgeons by combining 3D printing with special effects.

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Express Scripts likely to lose Anthem, its biggest customer

Pharmacy benefits manager Express Scripts said it will lose Anthem as a client when its current contract expires at the end of 2019, claiming it can’t agree to the price concessions Anthem has been demanding.

Medicaid lost $1 billion in savings to illegal medical cannabis

Cost efficiency is a major concern for any healthcare provider, always searching for a more affordable, effective method of treatment. Medicaid has not been able to cash in the savings after reported having lost out on $1 billion in saving on prescriptions if cannabis were legalized. 

Trimming costs means trimming jobs in healthcare

Healthcare costs have continued to rise above the rate of inflation as more jobs were created in the industry, but as California Healthline reports, trying to cut the former will lead to fewer of the latter.

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Respiratory point-of-care testing reduces length of stay, limits antibiotic use

Respiratory virus infections commonly lead to hospital admissions, costing health systems time and resources. A recent study, published in Lancet Respiratory Medicine, examined how point-of-care testing (POCT) for respiratory infections can reduce unnecessary antibiotic use and length of stay while improving detection and treatment.

Becton Dickinson to acquire CR Bard for $24 billion

Medical equipment giant Becton, Dickinson and Co. (BD) is getting bigger, announcing a $24 billion cash-and-stock deal to acquire CR Bard, including its portfolio in oncology, vascular and surgical products.

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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