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.

Stewardship Health sale to private equity finalized for $245M
The physician group, once part of Steward Health Care, has been rebranded as Revere Medical.
Baxter producing IV solutions ahead of schedule at Asheville-area site
The company said its largest production line at its North Carolina plant is operational, accounting for 25% of total output. The site was damaged by flood waters from Hurricane Helene.
Bill introduced in Congress would raise physician reimbursement by 1.9%
The Medicare Patient Access and Practice Stabilization Act aims to change the annual Centers for Medicare and Medicaid Services physician fee schedule, which cut reimbursement by 2.8% for 2025.
Private equity owns 900 patient care centers in Philadelphia, report finds
Physical therapy practices in greater Philadelphia are of particular interest to private equity firms, with 271 locations owned by six companies. The report comes from the Private Equity Stakeholder Project (PESP).
Q&A: Medicaid evolving to meet the mental health and material needs of patients
The former Medicaid Director of Texas, Gary Jessee, tells HealthExec that state healthcare programs are raising the bar for care access and quality, even for patients covered by commercial plans.

Sync for Science pilot launches

The Sync for Science pilot, announced during the White House’s Precision Medicine Initiative Summit, has begun.

March 29, 2016

Economics experts reveal the best and worst places for doctors in 2016

With both the least competition and the highest mean annual pay (after adjustment for cost of living), Mississippi has emerged as the best place to practice medicine in the U.S., according to an analysis by WalletHub. 

March 28, 2016

Book explores impact of internet use on healthcare

The author of a new book looks at how internet searches are impacting medical research.

March 24, 2016

Connecticut hospital executives express concern with the state’s hospital tax

Although 10 of 17 hospital systems in Connecticut had positive operating margins in 2015, hospital executives are still concerned with the state’s controversial hospital tax, The (Danbury, Conn.) News-Times reports. The newspaper said hospitals are expected to pay $556 million in taxes this year and receive $164 million in state aid and federal matching funds.

March 23, 2016

UPMC funding first projects from Pittsburgh Health Data Alliance

UPMC Enterprises will fund the first six projects created under the umbrella of the Pittsburgh Health Data Alliance.

March 22, 2016

Christie calls for two-year ban on lawsuits by towns over hospital property taxes

New Jersey Governor and recent presidential candidate Chris Christie has called for legislation that would put a two-year ban on lawsuits by towns challenging a hospital’s tax-free status.

March 18, 2016

Community Care of North Carolina wins inaugural Hearst Health Prize and $100,000

Community Care of North Carolina won the inaugural Hearst Health prize on March 8 and $100,000 for excellence in managing or improving health.

March 11, 2016

Immediate opposition mounts to White House prescription drug payment proposal

A plan proposed by the Obama administration to test how limiting prescription drug payments might help lower excessive spending has been met with swift opposition from physicians, providers, drug manufacturers and healthcare organizations.

March 10, 2016

Around the web

Cardiovascular Business

Q&A: Why are cardiovascular devices involved in so many recalls? FDA policies may be to blame

Cardiovascular devices are more likely to be in a Class I recall than any other device type. The FDA's approval process appears to be at least partially responsible, though the agency is working to make some serious changes. We spoke to a researcher who has been tracking these data for years to learn more.

Cardiovascular Business

Cardiologist compensation still rising, especially in invasive and interventional cardiology

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.

Cardiovascular Business

FDA’s tirzepatide decision creates uncertainty for patients—and leads to a lawsuit

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.

Economics

Stewardship Health sale to private equity finalized for $245M

Baxter producing IV solutions ahead of schedule at Asheville-area site

Bill introduced in Congress would raise physician reimbursement by 1.9%

Private equity owns 900 patient care centers in Philadelphia, report finds

Q&A: Medicaid evolving to meet the mental health and material needs of patients

Around the web