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.

Medicare spending on EpiPens went up 1,100% between 2007 and 2014

The rising price for EpiPens since the autoinjector device was acquired by Mylan in 2007 can’t come close to the increase in how much Medicare Part D spends on it, according to an analysis from the Kaiser Family Foundation.

CMS’s voluntary bundled payment evaluation finds uneven results

The evaluation of models 2-4 of Medicare’s Bundled Payments for Care Improvement (BPCI) initiative highlighted mixed results on savings and quality in the first 15 months of the program.

NueHealth, GeneNews agree to three-year deal to improve screening for colorectal, lung, prostate cancer

NueHealth and GeneNews agreed to three-year partnership to offer patients access to early screening for colorectal, lung and prostate cancer.

Verscend Technologies appoints VP of client services

Healthcare data company Verscend Technologies has appointed Joe Morrissey as its new senior vice president of client services as it focuses on improving its offerings to customers.

Accenture encourages developing technology through HealthTech Innovation Challenge

Accenture has launched the Accenture HealthTech Innovation Challenge to encourage technology startups to tackle big issues in healthcare.

Higher ACA exchange enrollment limited out-of-pocket spending

The more people who purchased coverage on the Affordable Care Act’s insurance exchanges, the fewer adults spent more than $500 per year on out-of-pocket expenses.

SONIFI Health to install patient engagement system in California medical center

Keeping patients educated and engaged in their own care has proven to lower admission rates and improve patient satisfaction. SONIFI Health has announced a partnership with St. Mary Medical Center to implement its Interactive Television Services in every patient room within the Apple Valley, California, medical center.

Twine takes interactive approach to managing chronic conditions

As a country that spends more than $3 trillion every year on healthcare, the U.S. continues to see overall spending increase, in part because chronic diseases become more and more prevalent. Twine Health has created a methodology that helps patients control these long-lasting conditions.

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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