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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Good news for healthcare premiums

A study from the Urban Institute finds that healthcare premiums throughout the U.S. will remain flat or drop during 2015, reports The Hill.

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Quincy Medical Center set to close

In the largest Massachusetts hospital closure in a decade, Steward Health Care System announced the imminent closure of Quincy Medical Center, reports the Boston Globe.

Majority of CFOs at struggling hospitals expect to lose their jobs by 2016

Sixty-one percent of chief financial officers at self-identified struggling hospitals anticipate losing their jobs within two years, reports Becker’s Healthcare.

Thanks to ACA, health sector stocks boom

Hospitals and insurance companies are raking in profits thanks to the Affordable Care Act, reports CNBC.

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Artificial hip implant lawsuits settled for $1B

Stryker Orthopaedics, a producer of artificial hip implants, has reached a settlement with thousands of patient lawsuits involving the now-recalled all-metal devices for about $1 billion, according to The New York Times.

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How to reduce healthcare costs? Give Americans a ‘purpose in life’

Researchers are suggesting that giving Americans a sense of purpose can help reduce U.S. healthcare costs, according to Los Angeles Times.

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Calif. hospital chain to pay $37M for allegedly overcharging Medicare

Dignity Health, a Northern California hospital chain, agreed to pay $37 million to settle allegations that it overcharged the federal Medicare program, reports San Jose Mercury News. 

Physicians reluctant to accept ACA patients

Physicians are limiting how many new ACA-insured patients they are taking as exchange plans often have lower reimbursement rates, reports USA Today.  

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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