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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Claims analysis: Price transparency won’t do much to cut U.S. health spending

Menu-izing the costs of care doesn’t turn the average American into a skilled healthcare shopper, but don’t blame the consumer. 

Xerox survey: Millennials most cost-conscious about healthcare

According to a new survey financed by Xerox, Millennials, or individuals between the ages of 18 and 34, are the most cost-conscious generation when it comes to healthcare. Fifty percent have even delayed treatment due to the healthcare costs. 

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New FDA draft guidance updates 510(k) recommendations for display devices

The FDA released a new draft guidance today that details information medical device makers should include when submitting 510(k)s for display devices to be used in diagnostic radiology.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

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.