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.

LifePoint Hospitals’ first quarter revenue exceeds $1 billion

The first quarter earnings from the Brentwood, Tennessee-based rural hospital operator LifePoint exceeded previous earning estimates by $70 million and set its stock surging, as well as the stocks of other hospital operators.

Moody’s predicts drop in revenue for not-for-profit hospitals

Preliminary analysis by Moody’s Investor Services of fiscal year 2013 audited financial statements for not-for-profit hospitals indicates that, as expected, revenue increases did not keep pace with increases in expenses even as hospitals focused on cost containment.

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KLAS: Analytics becoming a ‘must-have’

The need for analytics is growing as healthcare organizations move from volume to value-based care. As a result, vendors are rushing to the market with a wave of new products, including more targeted solutions, according to a report from KLAS, a Utah-based research firm.

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Settlement removes legal hurdle for D.C.’s United Medical Center

A D.C. Superior Court judge has dismissed a $100 million lawsuit brought by Capital Behavioral Health (CBH) against the District of Columbia and the not-for-profit operator of United Medical Center, thereby clearing one of the major roadblocks toward either finding a new operating partner or replacing the aging institution.

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Florida children’s hospital settles whistleblower suit for $7 million

All Children’s Hospital in St. Petersburg, Fla., has reached an agreement with the government to settle allegations that it violated the Stark Laws by paying inflated salaries and bonuses to doctors who brought in more patients and revenues for Medicaid-covered services.

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Threat of FTC denial scuttles Indiana hospital, physician group merger

Beacon Health System and the South Bend Clinic physician group have suspended their merger plans because of a longer than expected Federal Trade Commission (FTC) review and uncertainty over whether the deal would be approved.

Twitter data grant winners include three health projects

Three health projects were chosen as recipients of Twitter’s #DataGrants pilot program, which aims to give a handful of research institutions access to its public and historical data.

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ACA hits nation’s largest insurer’s bottom line

First quarter earnings for UnitedHealth Group Inc. show a 7.8 percent drop, reflecting in part the cuts to Medicare Advantage programs, new taxes and additional regulation created by the implementation of the Patient Protection and Affordable Care Act, the company said.

Around the web

The American College of Cardiology has shared its perspective on new CMS payment policies, highlighting revenue concerns while providing key details for cardiologists and other cardiology professionals. 

As debate simmers over how best to regulate AI, experts continue to offer guidance on where to start, how to proceed and what to emphasize. A new resource models its recommendations on what its authors call the “SETO Loop.”

FDA Commissioner Robert Califf, MD, said the clinical community needs to combat health misinformation at a grassroots level. He warned that patients are immersed in a "sea of misinformation without a compass."

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