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.

Thumbnail

Fairview, HealthEast plan merger into 11-hospital system in Minnesota

Fairview Health Service and HealthEast Care System have announced their intention to merge, creating what is likely the largest health system in the Minneapolis-St. Paul area with a combined $5 billion in annual revenue.

Usable supplies thrown away by U.S. hospitals get sent to other countries

Through four warehouses in Maine, the nonprofit group Partners for World Health collects unused medical equipment and supplies from U.S. hospitals and ship them to hospitals across the world. 

Longer hospital stays mean more time at home

Lowering rates of readmission, especially in older patients, allows patients to recover fully while minimizing provider spending. A recent study published in the National Center for Biotechnology Information (NCBI) examined factors attributing to the rise of readmission rates after leaving post-acute care facilities.

10 points on patient engagement from a business giant

Measuring patient engagement allows providers identify which variables lead to patients divesting from their own care. CDW, the technology and business services giant, recently released its 2017 Patient Engagement Perspectives, a study outlining the highs and lows of patient engagement in the past year. 

Thumbnail

Advocate, NorthShore scrap merger plans

A merger between two Illinois hospital systems, Advocate Health Care and NorthShore University Health Care, has been called off after a federal judge granted the Federal Trade Commission (FTC) a preliminary injunction against the deal.

Physicians concerned about MACRA’s impact on care, finances

Primary care physicians who support the goals of the Medicare Access and CHIP Reauthorization Act (MACRA)'s changes to reimbursement have some concerns about how its quality reporting will affect their bottom lines and how they care for patients—particularly if the patients aren’t listening.

Hospitals reporting more bad debt from high deductibles insurance policies

Increasing use of high-deductible health plans by insurers is creating financial fallout for hospitals, which are reporting record levels of debt attributed to insured patients who can’t afford to pay bills after a hospital visit or surgery.

Reducing costs may take more than focusing on high-cost patients

While a large chunk of healthcare spending may be concentrated among a small population of high-cost patients, focusing on those patients in order to cut down on wasteful spending may not work.

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. 

Trimed Popup
Trimed Popup