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.

kaufman hall financial forecast healthcare

Finance specialists: In 2024, hospitals and health systems ‘will not be able to cut their way to profitability’

Along with the obvious hits to patient traffic and population health, the COVID-19 pandemic delivered a financial upending to U.S. healthcare. Is it over yet? 

bankruptcy in healthcare

Bankruptcy bug kept biting healthcare in 2023

Healthcare saw an alarming spike in Chapter 11 filings last year, lengthening a trajectory that started taking shape in mid-2022.

veterans health administration efficiency

Why is VA medicine more efficient than civilian healthcare? Because ‘caring—not money—is our mission’

If private hospitals and clinics mimicked the staffing strategies of the Veterans Health Administration, the former would employ almost a million fewer nonclinical workers.

Medicare money payment reimbursement dollar decline george washington

Cardiologists speak out about reimbursement cuts, say Congress ‘left clinicians holding the bag’

When Congress passed its latest continuing resolution to avoid a government shutdown, it provided no relief for cardiologists and other physicians impacted by ongoing Medicare reimbursement cuts. The American College of Cardiology responded to this development with yet another plea for change. 

bloomberg healthcare workforce training

Philanthropic foundation to spend $250M training tomorrow’s healthcare workers across 10 cities

A new model of healthcare workforce training emphasizes recruitment and training of teenagers starting in 10th grade.

Richard Heller, MD, RSNA Board member, associate chief medical officer for health policy and communications, and national director of pediatric radiology at Radiology Partners, explains some insurance companies are trying to take advantage of the No Surprises Billing Act by telling radiology practices they need to accept lower rates to remain part of the providers in-network.

Radiologists urged to report insurance companies forcing lower reimbursements due to No Surprises Act

Some payers are taking advantage of the NSA by forcing practices to accept lower rates to remain in-network, says Rad Partners' Richard Heller, MD. 

business man storm rain crisis

Health systems to face an additional $1.6 trillion climate change burden

Droughts, floods and the spread of disease will require healthcare systems to focus on innovative ways to prepare -- and recover.

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FDA clears mass importing of Canadian drugs

Floridas program is the first to get official approval in an effort to reduce drug costs.

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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