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.

Insurers propose 16% increase in ACA premiums for 2017

In eight states and the District of Columbia, insurers are asking for an average increase in premiums of 16 percent for silver-level plans on the health insurance marketplace in 2017, a bigger increase than proposal's for this year.

BrightWater Medical Closes Series A Financing

Mountain View, CA, May 24, 2016 — BrightWater Medical, Inc. announced today that it has successfully completed a Series A financing round for $5.2 million. The round was led by OSF Ventures, the corporate investment arm of regional health system OSF HealthCare, and included investments from angel groups and private investors. The funding has covered initial costs for product development, intellectual property, and regulatory filings for BrightWater’s innovative ConvertX™ Nephroureteral Stent System* and will accelerate its on-going, advanced development towards US and European approvals. 

OSF Ventures Leads Series A Funding Round in Newest Investment

Peoria, IL (May 24, 2016) –OSF Ventures, the corporate investment arm of OSF HealthCare, led a $5.2 million Series A financing round in BrightWater Medical, Inc., a California-based mid-stage medical device company founded by a Peoria doctor.

Philips, MUSC Health announce 8-year, $36 million patient monitoring initiative

Royal Philips and Medical University of South Carolina Health (MUSC Health), the clinical enterprise of Medical University of South Carolina (MUSC), have announced an 8-year, $36 million strategic partnership to transform and improve patient monitoring for more than one million patients a year, reports Business Wire.

Sempre Health is gamifying healthcare to reduce costs

Working for an incentive makes anything more fun, even healthcare. Sempre Health, a company launched from Alchemist Accelerator, is looking to lower the cost for prescription medication by rewarding healthy lifestyles, reports TechCrunch.

Children's healthcare spending grows even amid reduced use

In a report from the Health Care Cost Institute, spending increased related pediatric care in 2014 even though the use of services declined.

Mental health tops in overall spending at $201B

A new report from Health Affairs estimated mental health accounted for $201 billion in 2013.

Maximizing the public good of healthcare data

Healthcare systems are being attacked by hackers, and data remains fragmented among insurers, providers, health record companies, government agencies and researchers.

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.