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.

1,600 Brigham and Women’s employees offered voluntary buyouts

Brigham and Women’s Hospital in Boston has presented 1,600 employees—nearly 9 percent of its workforce—with the option of a voluntary buyout as the hospital looks to cut costs.

Anthem-Cigna merger most likely dead

The largest healthcare merger ever proposed likely drew its dying breath on Friday, as the U.S. Court of Appeals for the D.C. Circuit affirmed lower court rulings that blocked the deal on antitrust grounds. While the ruling was appealed in February, the chances of a successful argument were slim, according to policy analysts. 

Predictive tool helps physicians address recurrence of parathyroid cancer

Predicting a cancer recurrence, especially rare forms such as parathyroid cancer, is a patient's best bet for early treatment and improved outcomes. A recent study, published in the Journal of the American College of Surgeons, tested a prognosis tool's ability to predict the recurrence of parathyroid cancer.

Addressing substance abuse disorders in the workplace

Continuous communication and a functional support system are keys to keeping individuals on the track to substance abuse recovery. Matthew La Rocco, a certified alcohol and drug counselor, has developed a method for businesses to improve the view and care of these individuals.

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Virtual patients teach physicians empathy

Delivering bad news is a stressful, sensitive task for physicians. Researchers from Medical Cyberworlds and the University of Michigan have developed a virtual patient system to educate physicians on improving empathetic skills, with findings published in Patient Education and Counseling.

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CMS: Expect MIPS eligibility notices in next month

Clinicians should soon be receiving notices on whether they’ll be required to participate in the new Merit-based Incentive Payment System (MIPS), CMS said in a notice issued on April 25.

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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.

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.