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.

Ardent, LHP to merge into second-largest private for-profit hospital chain

Nashville, Tennessee-based Ardent Health Services and LHP Hospital Group of Plano, Texas, have entered into a merger agreement, the companies announced Oct. 5.

How Molina found a profitable strategy for ACA exchanges

While larger insurers like UnitedHealthcare and Aetna have complained of losing hundreds of millions of dollars on the Affordable Care Act’s exchanges, Molina has turned a slim profit by applying its Medicaid management strategies to the new marketplace.

UC Irvine Health laying off 175 employees

UC Irvine Health will let go 175 employees, along with another 79 vacant positions being eliminated.

Bladder test eliminates invasive procedures for recurrence

As the fifth most common cancer in Europe, bladder cancer is one of the most expensive cancers to treat and have a high recurrence rate thus making the cost even higher. Cepheid has developed its Xpert Bladder Cancer Monitor to accurately provide information on cancer recurrence as a non-invasive and cost conscience option.

AMA offers new MACRA preparation tools

With physicians facing the most notable changes in Medicare in a generation, the American Medical Association (AMA) today unveiled several online tools to help physicians through pending Medicare payment and delivery changes and to improve their opportunity for success under the new program that will go into effect in 2017.

Pain management device combines heat therapy, electrical nerve stimulation

The topic of pain management is moving away from its current dependence on drugs into methods that incorporate therapy outside of medication. Omron Healthcare has introduced its Omron HEAT Pain Pro, which utilizes heat and transcutaneous electrical nerve stimulation (TENS) technology to treat joint and muscle pain.

Tenet to pay $513 million to settle referral kickback case

Tenet Healthcare Corporation and two of its subsidiaries in Atlanta will pay a total of $513 million to settle both civil and criminals charges of kickbacks and bribes being paid in exchange for Medicaid patient referrals.

Integrated systems, hospitals losing more money than private practices

Integrated health systems posted operating losses of approximately $210,000 per physician in 2015 compared to $14,000 per physician in private practices, according to a survey from the American Medical Group Management Association (AGMA), with hospitals' medical practice subsidiaries losing $250,000 per physician. 

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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