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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Stanson Health partners with Consumer Reports to deliver guidance to patients at the point of care

LOS ANGELES, Dec. 22, 2014 /PRNewswire-USNewswire/ -- Stanson Health, a population health clinical decision support (CDS) and analytics company, announced today that it has licensed health content from Consumer Reports for distribution within Stanson's next-generation CDS solution.

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Trinity Health adds three-hospital system to portfolio

Trinity Health is set to acquire three-hospital St. Francis Care, reports Modern Healthcare.

Nuance Receives High KLAS Rankings for Quality and Clinical Documentation Improvement Offerings

BURLINGTON, Mass.--(BUSINESS WIRE)--Nuance Communications, Inc. (NASDAQ: NUAN) today announced that it has been rated #1 for regulatory reporting in the industry report, “Quality Management 2014: The Race Gets Closer,i” issued by KLAS Enterprises.BURLINGTON, Mass.--(BUSINESS WIRE)--Nuance Communications, Inc. (NASDAQ: NUAN) today announced that it has been rated #1 for regulatory reporting in the industry report, “Quality Management 2014: The Race Gets Closer,i” issued by KLAS Enterprises.

N.Y. governor: Insurers must pay for gender reassignment surgery

New York Governor Andrew Cuomo authored a letter mandating that insurance companies cover sex assignment surgery to patients, reports UPI.

Partners HealthCare posts $22M loss

Partners HealthCare lost money on operations for the first time since 1999 due to financial losses from its insurance arm, reports The Boston Globe.

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D.C. hospital close to finalizing $5.2M bankruptcy deal

Washington, D.C.-based Specialty Hospital is close to finalizing a $5.2 million bankruptcy deal that paves the way for a sale to its hedge fund suitor, Silver Point Capital, reports Washington Business Journal.

Waiver pits Mass. health orgs against each other

Massachusetts health officials barred hospitals from opening new cardiac catheterization units within 30 minutes of similar services, but regulators exempted Steward Health Care from this ban over the summer. Now rival healthcare systems are crying foul, reports the Boston Globe.

Outcomes Based Healthcare and Big Data Partnership Secure Grant for a £1m Project to Use Big Data to Predict Complications of Diabetes

 LONDON, December 9, 2014--Outcomes Based Healthcare, one of the UK's leading health outcomes advisory and technology companies and Big Data Partnership, big data service provider across all industries, today announced that they have secured a match-funded grant for a £1m project from Innovate UK, the UK's innovation agency (formerly the Technology Strategy Board) for a 'Digital Health in a Connected Hospital' funding call. 

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Around the web

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. 

Cardiovascular Business
Cardiology groups cheer new bill that would improve access to Medicare claims data

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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