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.

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Study: Healthcare costs drop quickly after smokers quit

A study conducted by the University of California, San Francisco, estimates that a 10 percent decline in smoking in the U.S. would be followed by a $63 billion reduction in total healthcare costs for the following year.

St. David’s HealthCare to buy Forest Park hospital in Texas

St. David’s HealthCare announced plans to buy Forest Park Medical Center’s Austin hospital for $115 million, reports BizJournal.

Aetna to remain in all current exchanges in 2017, teases expansion

Aetna’s filings with regulators “preserved our options to enter certain new geographies pending careful evaluation of marketplace conditions.” 

Will healthcare get a 'Silicon Valley-style overhaul'?

The healthcare industry is falling behind in the terms of technology. While almost every other industry is embracing the technological age, healthcare seems to be stuck in the 1990’s.

New tool can estimate cost of inaction

The healthcare analytics company has announced the launch of a free tool used to calculate the real cost of delaying the shift from public and private payer volume to value-based care and reimbursement.

Survey: Majority can't afford long-term care

With the average American living well past the age of 65, the chance of needing long-term care is about 52 percent for most people. Sadly, the cost of care is something that most people cannot afford.

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Wearable heart monitor measures variability

Rockyview General Hospital is using biometric devices from biotricty Inc. to determine the effectiveness of monitoring heart rate variability to predict the onset of illness.

More exchange exits: Humana out of Virgina, Alabama; Blue Cross hints at leaving NC

Exit letters date back to April 15, prior to UnitedHealth's exchange exits and before Humana released an earnings report which partially blamed a 46 percent drop in profits on exchange losses.

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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