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.

Prostate cancer patients who seek 2nd opinions often ignore the feedback

Getting a second opinion is important, whether its deciding on an outfit or doctor. Having more than one opinion on any matter should make anyone think about their options before making a final choice but according to new research on men with prostate cancer, second opinions have no effect on a change in treatment.

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Weight Watchers may offer help in managing type 2 diabetes

Weight Watchers is well known as a possible tool to help people shed some pounds. But a recent study by the Medical University of South Carolina's Health Weight Managements Center shows the program also has the potential to help people manage type 2 diabetes.

Amazon brings genetic testing to your front door

Genetic testing can determine a parent's risk of having children effected by cystic fibrosis and spinal muscular atrophy. Most genetic testing involves giving a blood sample then waiting weeks for results, but Good Start Genetics has developed a VeriYou genetic test for easy access through Amazon.  

$140 million boost to primary care reimbursement in final 2017 Medicare PFS

The final version of the Medicare Physician Fee Schedule (PFS) released by CMS could direct an extra $140 million to primary care physicians in 2017, though it’s receiving some mixed reviews from major medical groups.

PENTAX Medical introduces improved forceps for better control

HOYA Group PENTAX Medical has released the latest in flexible forceps for blood control during endoscopic procedures. The HemoStat WideCup offers easy control with better grip and less handling power.

Community Health Systems continues to put hospitals up for sale as it battles growing debt

Franklin, Tennessee-based Community Health Systems announced Nov. 2 that it is putting more hospitals up for sale as it tries to make money to help pay down its $15 million debt, The Wall Street Journal reports.

Anthem threatens to pull out of ACA exchanges for 2018

Anthem could join other health insurance giants UnitedHealth, Aetna and Humana in no longer offering plans on the Affordable Care Act’s marketplace in many states.

Narrow exceptions offered in final site-neutral payment rule from CMS

CMS has finalized the rule changing how hospital off-campus facilities are reimbursed within its 2017 hospital Outpatient Prospective Payment System (OPPS) changes, largely ignoring concerns from the American Hospital Association about the impact of site-neutral payment.

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.