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.

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.

Children’s hospitals lose more on treating kids covered by Medicaid

An unintended consequence of reducing Disproportionate Share Hospital (DSH) payments may put significant financial pressure on children’s hospitals, according to a study published in JAMA Pediatrics.

Productivity growth may define hospitals’ financial future

How much hospitals can improve their productivity in the next decade may be the key to keeping profit margins positive, according to an analysis from the Congressional Budget Office (CBO).

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.