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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How private equity influences care for heart failure patients

Overall, 30-day outcomes were not significantly different for hospitals after being acquired by a private equity firm. However, the study’s authors did identify trends that suggest there may be a drop in the quality of care. 

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Poll: Medicaid cut fears divide Democrats and Republicans

However, partisan divides dwindled when respondents were asked about how federal cuts to healthcare spending would strain their local communities, particularly in rural and low-income areas.

American Medical Association (AMA) President Bruce Scott, MD, an otolaryngologist in Louisville, Kentucky, explains some of the key issues facing physicians, including burnout, growing medical staffing shortages, declining numbers of doctors in rural areas, increasing numbers of patients, large medical education debt payments, the lack of residency positions to train new doctors, and declining Medicare payments, which have declined 33% since 2000. Scott said these issues are also interrelated.

AMA President highlights growing crisis facing U.S. physicians

American Medical Association President Bruce Scott, MD, explains some of the key issues facing physicians, including burnout, growing medical staffing shortages, doctors leaving rural areas, increasing patients and declining Medicare payments.

 

Patients making under $50K are less likely to have claim denials reversed, study shows

Researchers from the University of Massachusetts and the University of Toronto found that racial minorities were less likely to have a medical insurance claim appeal approved, as were men more broadly.

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Judge triples damages in antitrust lawsuit, ordering Johnson & Johnson MedTech to pay $442M

A bad outcome for Johnson & Johnson MedTech just got worse. A jury previously ordered the company to pay $147M, but the new total is $442M.

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Leaked: UnitedHealth's 'talking points' to appease worried investors

STAT said it was sent an internal memo by accident, wherein UnitedHealth Group leadership outlines its messaging to navigate disgruntled investors upset with the direction of the company.

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Hospitals spend $18.3B a year thwarting violence

The American Hospital Association released a new report quantifying the financial toll of violence in hospitals, including incidents that spill over into emergency rooms and care wards. The group is calling for stronger cooperation between healthcare facilities and law enforcement.

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Hospital sues contractor claiming floors at $100M facility are not level

A series of lawsuits has been filed against Plenary Health Care Partnerships, the consortium hired by the Ontario government to build Humber River Health’s new Toronto hospital, alleging floors are deteriorating and the water system was faulty.

Around the web

While Kardium raised $250 million in an oversubscribed funding round, Field Medical raised $35 million. Both companies are focused on designing and developing new pulsed field ablation technologies to help treat challenging arrhythmias. 

Johnson & Johnson MedTech has received reports of its Automated Impella Controller failing to connect properly with Impella heart pumps. If this happens, the FDA warned, it may put patients at risk.

Vascular Technology, first founded 40 years ago, is planning on using the new funds to grow and expand its portfolio.