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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UCLA opens big data center

The University of California at Los Angeles has opened the Institute for Quantitative and Computational Biosciences which will work to unlock the biological basis of health and disease by tapping the power of big data and computational modeling.

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Trinity Health adds three-hospital system to portfolio

Trinity Health is set to acquire three-hospital St. Francis Care, reports Modern Healthcare.

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Report: Consumers in dark on physician quality data

Independent and objective data on physician performance are only available for 15 percent of doctors in the U.S., according to a recent report from the non-profit Health Care Incentives Improvement Institute.

Nuance Receives High KLAS Rankings for Quality and Clinical Documentation Improvement Offerings

BURLINGTON, Mass.--(BUSINESS WIRE)--Nuance Communications, Inc. (NASDAQ: NUAN) today announced that it has been rated #1 for regulatory reporting in the industry report, “Quality Management 2014: The Race Gets Closer,i” issued by KLAS Enterprises.BURLINGTON, Mass.--(BUSINESS WIRE)--Nuance Communications, Inc. (NASDAQ: NUAN) today announced that it has been rated #1 for regulatory reporting in the industry report, “Quality Management 2014: The Race Gets Closer,i” issued by KLAS Enterprises.

Microsoft, Health Catalyst to collaborate on health analytics solutions

Health Catalyst, a Utah-based data warehousing and analytics company, is partnering with Microsoft to deploy data warehouse and analytics solutions for the healthcare sector.

N.Y. governor: Insurers must pay for gender reassignment surgery

New York Governor Andrew Cuomo authored a letter mandating that insurance companies cover sex assignment surgery to patients, reports UPI.

Partners HealthCare posts $22M loss

Partners HealthCare lost money on operations for the first time since 1999 due to financial losses from its insurance arm, reports The Boston Globe.

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D.C. hospital close to finalizing $5.2M bankruptcy deal

Washington, D.C.-based Specialty Hospital is close to finalizing a $5.2 million bankruptcy deal that paves the way for a sale to its hedge fund suitor, Silver Point Capital, reports Washington Business Journal.

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Around the web

Cardiovascular Business
FDA says years-long tirzepatide shortage is resolved, will give limited leeway to compounders

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.

AI in Healthcare
From Capitol Hill to a hospital near you? 5 federal recommendations for healthcare AI policy

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. 

Cardiovascular Business
Merck spends up to $2B to license new weight loss drug with potential heart benefits

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.