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.

Two Chicago hospitals pay $160 million in malpractice settlements

Stroger Hospital and the University of Illinois Hospital and Health Sciences System, both in Chicago, have been racking up malpractice suits, which are costing them, according to a recent story from Crain’s Chicago Business.

Donations to U.S. nonprofit hospitals up slightly in 2016

Gifts, pledges and grants to nonprofit hospitals in the United States went up by 0.2 percent in 2016, totaling $9.6 billion, according to a report from the Association for Healthcare Philanthropy (AHP).

Examining procedures to reduce communication breakdowns

Researchers have developed a set of structured tools to decrease medical communication errors during multidisciplinary morning rounds in the hospital.

San Diego's ResMed names new chief medical officer

ResMed, a medical device and software company, has appointed Carlos M. Nunez, MD, its next chief medical officer.

Allergan to acquire LifeCell for $2.9 billion

Biopharmaceutical company Allergan is acquiring Acelity’s LifeCell, a regenerative medicine unit, for $2.9 billion, according to a news release.

Can software reduce unnecessary spending in healthcare industry?

Technology can improve organization of patient files, create limbs with 3D printers and connect patients and doctors around the world. Jon Markman, president of Markman Capital Insight, thinks that technology just might be able to cure healthcare.

Portable diagnostic test can help ID 16 pathogens in rural settings

Testing for multiple drug-resistant pathogens in rural parts of developing countries is often difficult due to the lack of laboratories and resources. Researchers have developed a portable detection system designed to improve care to these remote patients by identifying 16 different pathogens.

Physician burnout affects quality, safety

Physician burnout can negatively impact both quality of care and patient safety. Psychologists from the School of Science at Indiana University-Purdue University Indianapolis (IUPUI) have completed a study focused on the links between burnout, quality and safety.

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