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.

Healthcare fraud unit recovers more than $27 billion

Since the program was created in 1997, the program has recovered more than $27.8 million from people trying to defraud health programs.

Financial pressures cause rural hospitals to close

Since 2010, 48 rural hospitals have closed, while hundreds more face financial pressures, Kaiser Health News reports.

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Affordable Care Act creates “economic chaos” for hospitals and providers

Nathan Kaufman: Too many hospital and health system executives are trying to protect their existing sources of revenue instead of adapting to a changing landscape.

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AHA executive calls SGR system “terribly flawed” and proposes new payment system

If Congress does not act in the coming weeks, physician payments for treating Medicare patients will decrease by 21 percent on April 1.

Introducing....the Pittsburgh Health Data Alliance

Carnegie Mellon University, the University of Pittsburgh and UPMC have come together to form the Pittsburgh Health Data Alliance. The collaboration will leverage big data to revolutionize healthcare and wellness using the massive amounts of data avaialble from EHRs, imaging, prescriptions, genomic profiles, insurance records and wearable devices, according to an announcement.

Apervita Expands Management Team with Leading Health Innovation Expert

Chicago (March 16, 2015) – Apervita, Inc. (www.apervita.com), the fastest growing health analytics community, today announced the appointment of Tim Gustafson, M.D., as chief content officer. In his role, Dr. Gustafson will lead Apervita’s Author community and oversee the growth of content offered on Apervita’s market for health analytics, including, algorithms, measures, pathways, protocols and data focused on critical health areas, such as chronic disease management, preventable adverse events, readmissions, cancer, early warning, quality and safety.

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Health system CFOs emphasize value-based care

With reimbursement more closely tied to quality of care and value-based care, chief financial officers are focusing on recovering working capital and finding new sources of revenue, according to a new survey of more than 150 health system CFOs.

Cancer care in U.S. is less cost-effective than in Western Europe

The cost-effectiveness of cancer care in the U.S. is less than in Western Europe, according to a new study.

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.