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.

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.

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.

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.