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.

‘Gray market’ vendors hike up prices during drug shortages, leaving hospitals in a bind

Hospital executives find themselves in a challenging position—pay big bucks for hard-to-find medications or risk letting their patients down. 

USA China artificial intelligence race

Race for AI dominance: 5 points to ponder about US v. China

AI that’s intended to let cars drive themselves can be repurposed to let tanks level cities. And AI can just as easily weaponize a virus as diagnose it. These are not secrets.

Biden administration invests $100M in strengthening nursing workforce

The funding is a response to the escalating demand for registered nurses, nurse practitioners, certified nurse midwives and nurse faculty throughout the United States. 

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Interventional cardiologists call out ABIM for ‘unfair and unjustified’ certification policies

“This situation unacceptably exacerbates the interventional cardiology workforce shortage and threatens to directly impact the care of patients," SCAI wrote in a new statement. 

commercial health insurance

AHA head: ‘Time to hold commercial health insurers accountable’

The problem of commercial health insurers standing between patients and providers is bad and only getting worse.

Hospital financial trouble

AHA urges hospital stakeholders to wake up and smell the financial trouble that’s been brewing

The American Hospital Association is sounding the alarm over evidently widespread acceptance of 0% operating margins—or even negative margins—as a sort of “new normal” for U.S. hospitals and health systems.  

healthcare workforce occupational shift

5 reasons healthcare will withstand the onslaught of ‘occupational shift’

Lines of work that shed staff en masse during the COVID pandemic will probably continue shrinking between now and the end of the decade.

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Healthcare company focusing on the needs of women 65+ secures millions in funding

Herself Health is the first primary care provider to focus solely on the needs of women ages 65 and up.

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."