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.

Half doctor/half app developer, how physicians are changing healthcare technology

With everyone and their mother trying to make a name for themselves in the technological world of app creation, why can’t physicians try it out too? Well now they are, by helping to develop applications from the minds on the front lines of healthcare, reports Forbes.

More Americans are able to afford healthcare in new Gallup survey

In a survey by Gallup, it was found that fewer Americans are struggling to afford healthcare. From 2008 to 2013 rates of those having difficulty paying for healthcare and medicine dropped form 18.7 percent to a new low of 15.5 percent.

Boston Children's struggles to find space for both nature and NICU patients

Boston Children’s Hospital needs more space, many on its staff told the New York Times.

Study: Post-ACA healthcare spending could fall $2.6 trillion below projections

The U.S. is on pace to spend about $2.6 trillion less on healthcare between 2014 and 2019 than what was originally forecast by CMS in 2010 after the Affordable Care Act was signed into law, according to a new study by the Urban Institute and funded by the Robert Wood Johnson Foundation (RWJF).

What will drive medical costs in 2017

Retail clinics, behavioral health and the increasing popularity of narrow health networks will add up to a 6.5 percent growth in medical costs in 2017, the same as in 2016, according to a new report from PricewaterhouseCoopers’ (PwC) Health Research Institute.

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Telemedicine kiosks have arrived at a location near you

As technology evolves and telemedicine is able to expand, more and more people are able to use these new innovations in ways that haven’t been seen before. Imagine a day at work when you’re feeling a bit sick and all you have to do is go into the lobby to consult with your doctor, well now you can as more and more offices are implementing telemedicine kiosks, reports Kaiser Health News. 

NIH refuses to reduce price of $129,000 prostate cancer drug

The National Institutes of Health (NIH) denied a petition to use its “march-in rights” to help lower the cost of Xtandi, a drug to treated advanced prostate cancer.

Study: Patient navigation increases cancer screening rates for high-risk patients

A study, published by JAMA Internal medicine, has found that patient navigation as part of a population-based IT system is able to greatly increase screening rates for breast, cervical, and colorectal cancer in patients at high risk for nonadherence with testing.

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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