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.

Healthcare management platform Spreemo announces new VP

Spreemo, a New York-based Healthcare management platform, announced this week it has named Daniel Elgort, PhD, its new vice president of healthcare analytics. 

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Infographic: Inside the healthcare construction boom

Expansions, renovations, brand-new facilities—the healthcare construction boom is underway, and providers across the country are getting in on the action.

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Shorter stays help hospitals’ bottom lines

Since 1980, the average hospital stay in the U.S. has decreased from 7.3 days to 4.5 days, the New York Times reports. Austin Frakt, a health economist, notes discharging patients sooner helps hospitals from a financial perspective.

Epic, Mayo Clinic enter into $46M agreement for data center

After announcing its plans to switch to Epic EHR and revenue cycle systems, Rochester, Minn.-based Mayo Clinic now plans to sell the IT vendor its 62,000-square-foot data center.

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Bringing 'Moneyball' to healthcare

A big sign of just how much impact data analytics is having on healthcare is the announcement that one of the Major League Baseball executives from the "Moneyball"-era has joined the faculty of the Scripps Translational Science Institute (STSI). 

What 'big ideas' will 2016 bring?

With 2016 just days away, various experts at the University of California-San Francisco (UCSF) were asked about the immediate future of scientific research. What diseases will we be closer to curing next year? How will science impact treatment?

Scripps Translational Science Institute hires MLB executive Paul DePodesta

Major League Baseball executive Paul DePodesta, known for his role in the “Moneyball” era Oakland Athletics, is joining the faculty of the Scripps Translational Science Institute (STSI). DePodesta will serve as an STSI assistant professor of bioinformatics, beginning on Jan. 1.

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CMS releases draft quality measure framework

The Centers for Medicare & Medicaid Services announced the release of its draft Quality Measure Development Plan, a strategic framework for future clinician quality measurement development.

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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