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.

AbbVie agrees to four collaborations working to find therapies in oncology, immunology

To find new therapies for a number of diseases, AbbVie is participating in four collaborations and investments with healthcare innovators to develop early-stage research in key therapeutic areas like oncology and immunology. 

Surgical Care Affiliates being sold to UnitedHealth’s Optum for $2.3 billion

Wakefield, Massachusetts-based Optum, owned by UnitedHealth, has agreed to a $2.3 billion cash and stock deal to buy Surgical Care Affiliates (SCA) and its 190 surgical hospitals and ambulatory surgical centers.

Seeing the future? 9 predictions for 2017

A Forbes article by Reenita Das takes a look at healthcare technology. Whether its connecting patients to physicians near or far, reconstructing the foundation of healthcare or the introduction of robots, Das believes this year see the pros outweighing the cons.

MD Anderson Cancer Center cutting 1,000 jobs

Houston’s MD Anderson Cancer Center will try to combat $50 million in recent operating losses by cutting payroll by 1,000 people, including up to 900 layoffs.

Patient characteristics affect treatment for opioid addiction

While many drugs, such as buprenorphine, are effective in treating opioid addiction, little is understood about what contributes to patients failing to continue treatment in the long term. In a study published in the Journal of Substance Abuse Treatment, researchers evaluated characteristics of patients who stuck with a buprenorphine treatment program beyond the one-year point.

Viriom partners with government org to create Zika treatments

With more than 40,000 reported Zika virus infection cases in the U.S., researchers and physicians are working harder than ever to find treatments for the dangerous virus.

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More than 1 million healthcare jobs would be lost with ACA repeal

The healthcare industry would suffer the greatest job losses due to the loss of federal funds if parts of the Affordable Care Act (ACA) are repealed, according to an analysis from the Commonwealth Fund. 

Georgia’s hospital provider fee targeted by anti-tax groups

The hospital provider fee—also known as the “bed tax”—is used in 49 states to help pay the state’s share of Medicaid funding. Anti-tax groups, however, are targeting Georgia’s 1.45 percent tax on hospital profits, which some see as a beginning of a national campaign to roll back that charge.

Around the web

The tirzepatide shortage that first began in 2022 has been resolved. Drug companies distributing compounded versions of the popular drug now have two to three more months to distribute their remaining supply.

The 24 members of the House Task Force on AI—12 reps from each party—have posted a 253-page report detailing their bipartisan vision for encouraging innovation while minimizing risks. 

Merck sent Hansoh Pharma, a Chinese biopharmaceutical company, an upfront payment of $112 million to license a new investigational GLP-1 receptor agonist. There could be many more payments to come if certain milestones are met.