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.

PhRMA raises dues for drug companies

Drug companies will collectively pay an extra $100 million in annual membership dues to industry group Pharmaceutical Research and Manufacturers of America (PhRMA).

Precision biomarkers may improve breast cancer treatment

Precision biomarkers have been shown to be an effective tool in cancer care, but most evidence comes from clinical trials rather than real patient experiences. Christopher Friese, PhD, RN, of the University of Michigan School of Nursing in Ann Arbor, and colleagues are testing how practicing physicians are using a 21-gene recurrence score (RS) biomarker test in breast cancer patients.

Enhanced recovery programs inform patients while decreasing pain, length of stay

Preparing patients before surgical procedures with enhanced recovery after surgery (ERAS) programs boosts patient knowledge while reducing recuperation time and decreasing necessary drug intervention, according to the results shown at two different healthcare facilities.

Sysmex Canada introduces new hematology analyzers

Sysmex Canada, providers of automated hematology and urinalysis diagnostic testing, has launched the new XN-L Series for testing in smaller analytic devices.

Pricey hospitals don’t change after negative publicity

Attempts to publicly shame hospitals which have substantially increased prices don't appear to work.

Casamba merges with HealthWyse, TherapySource

Casamba announced the company has merged with HealthWyse of Boston and TherapySource of Birmingham, Alabama.

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Sparta Systems launches cloud-based Stratas Quality Management

Sparta Systems, Inc., a producer of enterprise quality management software (EQMS) solutions, has launched its cloud-based Stratas Quality Management solution.

ACA insurers get bigger premium hikes than requested

In eight states, insurance regulators approved increases in health insurance premiums for Affordable Care Act exchange plans above what companies asked for, according to an analysis in USA Today.

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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