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.

PierianDx acquires Tute Genomics

Clinical genomic company PierianDx is acquiring Tute Genomics, a software company based in Provo, Utah, as part of its goal to expand and improve its business.

Genomic Health's liquid biopsy mutation panel rates high in sensitivity, reproducibility

Genomic Health has completed testing of its Oncotype SEQ Liquid Select, showing the liquid biopsy mutation panel to be sensitive, specific and reproducible.

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Hospital budgets challenged by unpredictable increases in drug costs

Hospital spending on inpatient drugs went up by an average of 38.7 percent per admission and 23.7 percent annually between 2013 and 2015, according to a study from the American Hospital Association and the Federation of American Hospitals.

Apps or appointments? Physicians beat algorithms in diagnostic accuracy

Everyone has checked symptoms online, using websites such as WebMD, to help diagnose themselves, but are these kinds of computer diagnostics accurate—or at least better than an actual physician? Harvard Medical School student Hannah L. Semigran with researchers from Brigham and Women’s Hospital and the Human Diagnosis Project have good news for doctors.

House Republicans could sue HHS over rumored risk corridor settlements

Rep. Chris Stewart, R-Utah, is circulating a letter among members of his party calling for a lawsuit against HHS to block the agency from settling legal disputes with insurers over the Affordable Care Act’s risk corridor program.

Data science uncovers drug interactions with significant risks

Warnings for specific prescription drugs may not cover the implications of mixing certain medications, which can mean side effects much worse than just dizziness or upset stomach. While many of the dangerous drug parings have been discovered, many are still hidden. Researchers from New York's Columbia University Medical Center and the Data Science Institute at Columbia University are using data science to uncover such interactions.

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.

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.