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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Prime Healthcare to acquire six hospitals

In a controversial move, Prime Healthcare Services has reached a deal to acquire six hospitals in California, reports Los Angeles Times.

Male docs receive vast majority of payments from drug companies

More than 90 percent of the 300 doctors who received money from drug companies in exchange for speaking and consulting are men, reports The New York Times.

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HIX small business plans 7% cheaper on average

Health plans available to small businesses in health insurance exchanges are on average about 7 percent cheaper than comparable plans offered elsewhere, reports The Washington Post.

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Post ACA, virtual doc business thriving

The Affordable Care Act, and its push to reign in healthcare spending, is catalyzing a new wave of telemedicine ventures.

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Philips merges healthcare, consumer goods assets

Philips is merging its healthcare and consumer goods assets into one operation called Healthcare, reports Bloomberg. Together, these assets are valued at $19 billion. 

COTA Closes $3.7M of Planned $7M Series A Funding Round to Transform Cancer Outcomes and Reimbursement

HACKENSACK, NJ – September 23, 2014 – COTA, Inc. today announced it has closed $3.7 million in a planned $7 million Series A funding round led by Horizon Healthcare Services, Inc. (Horizon), with participation from Med-Metrix.

Startup mines consumer data to offer drug-taking info and advice

Iodine, a new company slated to launch next week, will harness Google Consumer Surveys to provide an online service with tailored drug-taking information and advice, reports The New York Times.

NextServices™ and Quantta Analytics Establish Partnership to Develop Advanced Analytics For Hospitals, Surgery Centers and Multi-Specialty Groups

Ann Arbor, Michigan, September 12, 2014 -- A cornerstone of the partnership is to use data to help healthcare systems and organizations make informed decisions to deliver and improve patient care. Core elements of the partnership include:

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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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