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.

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.

Hoping to garner deeper insights, FDA hires data officer

The Food and Drug Administration plans to hire a data officer as part of its 2016 strategy to improve its internal IT systems.  

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Better care at lower prices? Not so fast, reform-reactive hospital mergers

A probing study of hospital pricing released Dec. 15 may cause state policymakers and attorneys general to re-think the urge to OK hospital mergers as a way to make the Affordable Care Act work for them—at least if their aim is to help cut the cost of care for patients in their respective markets.

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AMA takes issue with CMS' new quality data

The Centers for Medicare & Medicaid Services added performance data and new quality measures to its Physician Compare website to enable consumers to make more informed healthcare decisions. 

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CMS data shows high level of repeat quality offenders

The latest release of data from the Centers for Medicare & Medicaid Services (CMS) revealed that more than half of the hospitals that Medicare will penalize in 2016 for having the worst performance on measures of preventing patient harm are on that list for the second year in a row.

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CMS adds quality measures to Physician Compare, Hospital Compare

The Centers for Medicare & Medicaid Services (CMS) has added new quality measures to Physician Compare for group practices and accountable care organizations (ACOs) and, for the first time, individual healthcare professionals.

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An international standard

There’s been increasing focus on the quality of care and HIMSS has taken the initiative to help providers by launching an international quality measurement for the value of health IT.

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.