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.

Hospital costs from Orlando nightclub shooting could top $1 million

Based on the average costs incurred by gunshot victims, the 56 people brought to hospitals after being injured in the shooting at the Pulse nightclub in Orlando, Florida, could rack up a total of $1 million in medical bills, reported Kaiser Health News.

Cantel acquires Accutron in midst of CEO turnover

Cantel Medical, a company that delivers infection prevention products and services, has acquired Accutron, a manufacturer of nitrous oxide delivery systems and single-use nasal masks.

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CMS keeps greater overpayment reduction in final hospital inpatient rule

In what’s being called a “mixed bag” for hospitals, CMS finalized two adjustments in its Medicare inpatient payment system update for fiscal year 2017, which, overall, increases reimbursements for acute care hospitals by 0.95 percent.

Abbotts Alinity aims to make comprehensive diagnostics systems

Many diagnostic testing machines are only compatible with products of the same brand, but Abbott hopes to change that with the introduction of its new family of Alinity products.

Google partner and GlaxoSmithKline to join $700 million forces

Two of the world’s biggest tech and drug companies are joining forces to found an entirely new company called Galvani Bioelectrics based on bioelectronics research, according to Forbes. 

Aetna reverses exchange expansion plans, sells Medicare Advantage assets

Aetna won’t be expanding its offerings on the Affordable Care Act’s marketplaces after its second quarter earnings report projected it would lose more than $300 million on its exchange business.

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Study: Seniors slow on the uptake for technology but rates of use increase

Most young people have had to help parents or grandparents get a hold on new technology, including that old VCR or a new iPhone. In a study published by JAMA, a team of researchers led by David M. Levine, MD, MA, of Brigham and Women's Hospital in Boston, measured the rate at which seniors use digital technology in their healthcare.

How state-based ACA exchanges are learning to get by on smaller budgets

The 13 states that run their own health insurance marketplaces are struggling with financial sustainability, writes CQ Roll Call’s Eric Mershon.

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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