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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Scientists develop 'smart' patch to administer insulin to diabetics

In an effort to better dispense insulin to diabetics, scientists at the University of North Carolina at Chapel Hill are developing a “smart” patch that will monitor blood glucose and release insulin when levels increase.

How clinical care can leverage AI

Artificial intelligence (AI) may one day match human capabilities. While AI has advanced in speech recognition, computer vision and textual understanding, healthcare, according to commentary from two doctors, has yet to see significant benefits due to a lack of resources.

Affordability, politics will dictate health insurance trends in 2017

This year is likely to be a “period of uncertainty and flux” for health insurers due to the political debate on repealing the Affordable Care Act (ACA), according to Deloitte’s 2017 health insurance industry outlook.

Acknowledging biases improves geriatric care

Being aware of biases improves healthcare decisions, according to the Gerontological Society of America. A new report, “Recognizing Hidden Traps in Health Care Decision Making," provides guidelines to overcome barriers in providing care to elderly patients.

3D printing’s next step: Precision membranes

3D printing has improved the areas of medicine, art and manufacturing—and it is now journeying into the realm of membrane engineering. Researchers from the University of Bath have hope in the future of 3D printing techniques to improve membrane capabilities with precision construction.

Rural hospitals’ revenue would be squeezed if Medicaid expansion rolled back

Almost 700 rural hospitals have been deemed at risk of closing thanks to financial struggles. As Kaiser Health News reports, the loss of expanded Medicaid could push those facilities over the edge. 

Systematic review on repeat cesareans find procedure costlier, less effective

Cesarean deliveries make up for 32 percent of the four million annual births in the U.S., but do these procedures have negative side effects when chosen over vaginal births? A review conducted by the University of Alabama and published in Value in Health found women who have a trial of labor after cesarean (TOLAC) or an elective repeat cesarean delivery (ERCD) face higher rates of morbidity.

Children's toy inspires powerless centrifuge for malaria tests

In rural area with no access to electricity, Manu Prakash saw a centrifuge being used as a doorstop. Walking around the village he noticed children playing with a paper and string toy and a lifesaving idea popped into his head.

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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