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.

Single payer for thee but not for me?

A new national poll shows that many Americans like the idea of Bernie Sanders-style “Medicare for All” healthcare—but only until they grasp its potential negative impact on their own care and finances. 

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Out with checkbox reimbursement, in with patient-focused care

If the Medicare program known as MIPS is to succeed at improving quality by tying said improvement to payments—all while avoiding mass cases of physician burnout—it will have to forego checkboxes that fail to distinguish between getting patients to electronically say hello and getting them to actually live more healthfully. 

Hearst Health, Jefferson College of Population Health announce three finalists for $100,000 award

Hearst Health and the Jefferson College of Population Health announced three finalists for its inaugural $100,000 prize to honor healthcare organizations that focus on managing and improving health.

Study examines first 6 rounds of PCORI funding

A recent study published in Academic Medicine found that less than one third of all funding distributed by the Patient-Centered Outcomes Research Institute (PCORI), an independent organization established under the Affordable Care Act, has been implemented in primary care settings.

New FDA draft guidance updates 510(k) recommendations for display devices

The FDA released a new draft guidance today that details information medical device makers should include when submitting 510(k)s for display devices to be used in diagnostic radiology.

HIMSS reports on 2016’s ‘growth technologies’

Healthcare Information and Management Systems Society (HIMSS) Analytics has published a report on some of the technologies shaping hospitals’ purchase plans in 2016.

Premier is first company allowed access to CMS data

The Centers for Medicare & Medicaid Services (CMS) has granted Premier access to its Virtual Research Data Center (VRDC) to develop innovations that drive healthcare transformation.

Initiative in Israel reduces use of diagnostic testing and saves hospital money

An initiative in Israel that included systematic feedback and monitoring helped reduce the use of common laboratory and other diagnostic tests.

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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