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.

Maryland hospitals achieve impressive care quality improvements

Hospitals in Maryland have focused on patient safety with impressive results.

15% of providers now using predictive analytics

Fifteen percent of providers are using some kind of predictive modeling, according to a study conducted by health IT company Jvion.

Health systems target high-cost Medicaid patients

Health systems are increasingly focusing on caring for patients with Medicaid who have costly medical conditions, The New York Times reports.

Tenet Healthcare and United Surgical Partners International form joint venture

Tenet Healthcare and United Surgical Partners International agreed to form a joint venture, The Wall Street Journal reports.

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Bloomberg Philanthropies launches $100M global data collection effort

Bloomberg Philanthropies, in partnership with the Australian government, is launching Data for Health, a $100 million initiative that will enable 20 low- and middle-income countries to vastly improve public health data collection.

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Data Analytics: Paths to Value-based Care

With a timeline for value-based payment now in play, healthcare delivery organizations must start putting their data to good use.

Federally Funded Project Establishes First National Database of Comprehensive Benchmarks for Total Hip and Knee Joint Replacement

Worcester, MA – A 4-year, $12 million national research project funded by the Agency for Healthcare Research and Quality (AHRQ) has surpassed its original goal, culminating in the establishment of the most comprehensive U.S. database on total hip and knee joint replacement patients and their surgical outcomes.

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Congressional leaders want to end Medicare cuts to doctors

With potential Medicare cuts looming, Congressional committee leaders on Thursday introduced legislation to end decreases in pay to physicians, The Hill reports.

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.