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.

Physicians criticize Medicare Part B proposal at hearing

A proposed change to reduce reimbursement rates under Medicare Part B was largely panned by medical professionals who testified before the House Energy and Commerce Committee.

Hackers crack into DeKalb Healthcare's computer system

DeKalb Health in Indiana is the latest victim in the fight against hackers as the healthcare system reported that its administrative computer systems have become infected with ransomware. 

Pfizer to buy Anacor for $5.2B

Pfizer has agreed to buy the developer of topical skin treatments for $5.2 billion dollars, just weeks after a blockbuster deal with Allergen fell through.

Washington insurance rates to rise 13% in 2017

Thirteen health insurers in Washington have filed to sell 154 individual health plans for 2017 with rate increases that average 13.5 percent.

Report: Insurers’ losses on ACA exchanges don’t amount to ‘death spiral’

The majority of insurance companies offering individual health coverage on the Affordable Care Act’s exchanges lost money on those plans in 2015, according to a new McKinsey & Co. report.

'Big Data' in the healthcare estimated to top $34B by 2022

The "Global Big Data in Healthcare - Estimates & Forecast, 2015-2022" from Research and Markets estimates the healthcare sector is estimated to grow by $34B by 2022.

GE Healthcare CEO aims to grow from within

John Flannery built a reputation as a prolific rainmaker in his previous role as head of business development at General Electric Co., logging more than $26 billion in deals, yet acquisitions are far from his mind as chief executive of the U.S. conglomerate’s healthcare unit.

Wellmark raising exchange premiums up to 43 percent in Iowa

The insurer covers more than 30,000 Iowans through the exchange, representing about about 75 percent of all individual policies in Iowa's market. 

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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