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.

CMS expands opportunities for 5% APM bonus in 2018

Practices and payers which want a chance to earn the 5 percent incentive payment offered under CMS’s Advanced Alternative Payment Models (APMs) will have a chance to apply for two qualifying models for 2018.

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How Medicare will be impacted by ACA repeal

A full repeal of the Affordable Care Act (ACA) would mean increased payments to hospitals, providers and Medicare Advantage plans, while likely increasing premiums, deductibles and other costs paid for by beneficiaries.

UPenn Health System expanding into New Jersey

Princeton Healthcare System (PCHS) will join the University of Pennsylvania Health System (UPHS), marking the latter’s first expansion beyond Pennsylvania’s borders.

Dedicated time tops list of most used strategy for resident handoff

Improving resident handoffs has been at the top of the list for many major healthcare organizations. Where they fall short is knowing specifically which recommended strategy is the most effective.

MedPAC recommends higher pay for docs, hospitals in 2018, but not for ASCs

Medicare payments to physicians and hospitals should increase in 2018, but a planned payment bump for ambulatory surgical centers (ASCs) should be scrapped, according to the Medicare Payment Advisory Commission (MedPAC).

Partners Healthcare posts its biggest operating loss ever

Massachusetts’ largest health network, Partners Healthcare, lost $108 million on operations for the fiscal year ending Sept. 30, reversing a $106 million profit a year earlier.

Online communities can improve support for rural patients

A study, by University of Maryland business professors Ritu Agarwal and Guodong Gao, examined if online communities were measured on whether they could reduce disparities in healthcare among rural and urban popoulations.

Color, text changes on medication packaging reduce error rates

Researchers are attempting to minimize errors caused by confusing labels on over-the-counter medications by incorporating changes in fonts and text colors. The team was able to drop error rates from 68 percent to 16 percent in elderly patients.

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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