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.

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Gelesis appoints two new executives, gears up for product launch

Biotechnology company Gelesis named a new CEO and vice president of medical affairs as it prepares to launch Gelesis100, the company’s first weight loss pill.

Health IT improves patient care in nursing homes but is hampered by lack of funding

Researchers from the University of Missouri explored the importance of health information technology in the hope of raising awareness for seniors in nursing homes.

Public funding covers 71 percent of healthcare spending in California

While politicians consider public healthcare options, the most-populous state in the U.S. is already inching towards a public system.

Last-minute negotiations could stave off strike of 4,800 nurses in Minnesota

A federal mediator has called Allina Health and the Minnesota Nurses Association (MNA) back to the bargaining table in a late attempt to avoid 4,800 nurses striking beginning on Labor Day, according to the Minneapolis Star-Tribune.

Technology may offer tools to control growing opioid addiction

With the opioid addiction epidemic only getting worse, researchers and developers are working together fight misuse with medical technology. So has using medical technology helped at least slow the rise in opioid addiction?

Fortimedix Surgical receives 510(k) clearance for single-port laparoscopic platform

Fortimedix Surgical has received 510(k) clearance from the FDA for its latest product for minimally invasive abdominal laparoscopic surgery.

Five medical device startups to watch

As technology and healthcare continue to intersect and make accessing and monitoring healthcare easier, medical device startups are one sector of the tech sphere making a lasting impact on the industry. 

Unexpected out-of-network charges targeted by California bill

California legislators have until Aug. 31 to act on legislation aimed at “surprise” medical charges incurred when a specialist isn’t included in a patient’s insurance network.

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Around the web

Cardiovascular Business
Cardiologist compensation still rising, especially in invasive and interventional cardiology

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.

Cardiovascular Business
FDA’s tirzepatide decision creates uncertainty for patients—and leads to a lawsuit

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. 

Cardiovascular Business
Cardiology groups cheer new bill that would improve access to Medicare claims data

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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