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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AMA supports proposed rules for quality payment but notes they are just a 'first step'

The American Medical Association has voiced its support for the proposed rule that establishes a simpler, less burdensome quality payment program and announced "new online information and resources to help physicians navigate the changing landscape," according to the group's president, Steven J. Stack, MD.

Proposed rule aims to modernize provider payment for quality care

The Department of Health and Human Services' (HHS) latest proposed rule would implement a unified framework called the Quality Payment Program, which essentially replaces the Meaningful Use program.

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.

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Around the web

Cardiovascular Business
FDA says years-long tirzepatide shortage is resolved, will give limited leeway to compounders

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.

AI in Healthcare
From Capitol Hill to a hospital near you? 5 federal recommendations for healthcare AI policy

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. 

Cardiovascular Business
Merck spends up to $2B to license new weight loss drug with potential heart benefits

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.