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.

LifePoint Health hospital loses balance billing case in Virginia

A Virginia judge has ordered Martinsville Memorial Hospital, owned by LifePoint Health, to cut its balance billing rates by 75 percent in a case involving a patient covered by a non-contracted insurer.

From the optimism file: 71% of healthcare execs expect revenues to increase this year

Healthcare executives maintain a positive outlook for 2016, with 71 percent expecting their revenues to increase this year and 55 percent expecting to seek financing in the next 12 months, according to a survey released by financial firm CIT Group.

Healthcare costs top survey on economic burdens facing U.S.

Healthcare costs were listed as most significant financial burden by 31 percent of GOBankingRate.com survey respondents. 

CMS seeks comments on measure for antipsychotic drug use

The Centers for Medicare & Medicaid Services (CMS) is seeking comments on a proposed hospital quality measure for antipsychotic use in older patients in the inpatient setting. 

Fitch Ratings: Positive admissions growth for U.S. hospitals in 2015 unlikely to be repeated

Inpatient admissions increased slightly at some of the largest for-profit hospitals in 2015.

UnitedHealthcare will exit Arizona marketplace

UnitedHealthcare announced it will exit the Affordable Care Act marketplace in Arizona next year, reducing or even eliminating options for rural communities reports The Arizona Republic.

Study examines how EHR data can identify patients' fall risk

Repurposed EHR data collected during office visits can identify patient risk factors and prevent unintentional falls in seniors, according to findings published in Perspectives in Health Information Management, the online research journal of the American Health Information Management Association (AHIMA).

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CMS delays new rating system at the 11th hour

The Centers for Medicare & Medicaid Services has caved to pressure from Congress and the healthcare industry, delaying the release of its new hospital quality rating measure a day before its planned launch.

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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