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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White House names chief data scientist

The White House Office of Science and Technology Policy has named DJ Patil, PhD, as deputy chief technology officer for data policy and chief data scientist.

Dominant N.M. lab seeks active role in population health

The largest clinical laboratory in New Mexico is looking to play a larger role in population health management by introducing physician and patient portals to provide community-based longitudinal records that tie together lab data from across health systems.

Healthcare spending is on the rise

As the economy recovers, healthcare spending is starting to increase at a higher rate, the Wall Street Journal reports.

David W. Baker, MD, FACP, MPH, Named Joint Commission Executive Vice President

The Joint Commission announced today the appointment of David W. Baker, MD, FACP, MPH, to the position of executive vice president for the Division of Healthcare Quality Evaluation. In this senior leadership position, Dr. Baker will oversee the Departments of Quality Measurement, Health Services Research and Standards and Survey Methods.

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10 Calif. hospitals slapped with $700K in fines for medical mistakes

Ten hospitals in California were hit with administrative penalties totaling $700,000 due to medical errors.

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Next generation archives: Digging into data

McKesson

Early medical image archiving was focused on one main goal: the display of images. No easy feat, especially as storage requirements grew and physicians began to expect images on-the-go through their tablets or phones, but the mission of sharing images remained clear.

Physicians prescribing novel dosages of old drugs remains a problem

States are cracking down on so-called physician dispensing of prescription drugs, or creating novel dosages of old drugs to get around cost controls on traditional ones, reports The New York Times.

What Carolinas HealthCare paid top executives

The top 10 executives at Charlotte-based Carolinas HealthCare System were paid more than $22.2 million in 2014, an increase of 5.5 percent over the previous year, according to Charlotte Business Journal. 

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.