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.

IBM Watson Health ready to disrupt diagnosis and treatment

BOSTON--Bill Evans’ own healthcare experience only served to strengthen his work on IBM Watson Health and its potential benefits to all patients. 

FDA's open data initiatives driving innovation

BOSTON—The FDA is working on building community openness through initiatives that aim to drive innovation, explained Taha Kass-Hout, MD, MS, the agency’s first chief health informatics officer as well as director of its Office of Health Informatics, speaking at Bio-IT World Congress.

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Pfizer and Allergan call off merger after tax rule changes

As analysts and investors had expected, Pfizer and Allergan have terminated their record $160 billion merger by mutual agreement just days after the Obama administration introduced new rules meant to limit the ability of American companies to shift their home overseas simply to lower their tax bills, wrote the New York Times.

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Most consumers don't connect quality and price

Most Americans don’t believe that the price of healthcare services ties to the quality of the care they receive, according to research published in Health Affairs.

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Detailed, ambitious healthcare-loan system proposed to aid financially overwhelmed patients

Three researchers from MIT and Harvard Medical School have put their heads together to produce and propose a detailed system for offering mortgage-like healthcare loans to hard-hit patients.

CMS to issue innovation project awards for QIOs

The Centers for Medicare & Medicaid Services has announced two projects that focus on supporting and scaling quality improvement organizations.

AHRQ names director of Center for Delivery, Organization, and Markets

David Knutson, MS, has been named director of the Agency for Healthcare Research and Quality (AHRQ)’s Center for Delivery, Organization, and Markets.

Sync for Science pilot launches

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

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.