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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Mass. hospital's quest for data liquidity

Baystate Health has been working toward data liquidity and liberation as a critical pathway to successful population health management, said Joel Vengco, vice president and CIO, speaking during a webinar presented by the Institute for Health Technology Transformation.

Bipartisan bill would increase access to Medicare data

Bipartisan legislation introduced by Senators Tammy Baldwin (D-Wisc.) and John Thune (R-S.D.) would increase the transparency of healthcare costs in Medicare.

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CBO projects lower Affordable Care Act cost estimates

The Congressional Budget Office projects that major health insurance coverage provisions of the Patient Protection and Affordable Care Act will cost taxpayers more than $1.2 billion from 2016 to 2025.

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Mayo Clinic posts strong financial results

The Mayo Clinic’s operating income was a record $834 million in 2014, bucking the trends of other large hospitals, the Star Tribune reports.

Hospitals are second largest source of private sector jobs

With nearly 5.6 million employees, community hospitals are the second largest source of private sector jobs, according to a new American Hospital Association report.

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Safety-net hospitals perform well financially even without Medicaid expansion

Safety-net hospitals in several states that did not expand Medicaid still performed well financially last year, Kaiser Health News reports.

Admin data can help EDs avoid missed heart attacks

Hospital administrative data contain information that may help emergency department (ED) staff identify populations at risk of experiencing a missed diagnosis of acute myocardial infarction (AMI).

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Hospital ranking systems vary widely

Individuals seeking hospital ratings are likely to get a wide range of information, depending on the site they use.

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.