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.

Why hospitals suffered financially in 2022—and a look ahead to 2023

Health Exec caught up with Erik Swanson, senior vice president of data and analytics at Kaufman Hall, to learn more about the underlying trends throughout 2022 and what hospitals are bracing for in 2023.

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AI specialists ink deal with Pfizer to target cardiac amyloidosis

Cardiac amyloidosis can be especially challenging to identify and diagnose, making it a perfect target for advanced AI models.

Claire Ernst, director of government affairs, Medical Group Management Association (MGMA), explains the list of priorities for the association. These include staving off the large, planned 2023 Medicare reimbursement cuts, fighting for continuation of reimbursements for telehealth, and revamping prior authorizations.

VIDEO: Top priorities for the Medical Group Management Association in 2022

Claire Ernst, director of government affairs, Medical Group Management Association (MGMA), explains the list of priorities for the association, include staving off the large Medicare reimbursement cuts, continuation of telehealth reimbursements, and revamping prior authorizations. 

Cardiologist the subject of several malpractice claims for allegedly performing unnecessary heart operations

One patient received a total of 41 stents from 2004 to 2013. He said the experience was so hard that he feared he would be driven to suicide. 

Andrei Churyla, MD, Douglas Johnston, MD, and R. Kannan Mutharasan, MD, tour a clinic room designed for future AI technology pilots at Palos Hospital.

Northwestern Medicine opens advanced outpatient cardiac clinic at suburban Chicago

Northwestern Medicine opens a new outpatient cardiology clinic to address better patient access to care in Chicago's south suburbs. 

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Health spending reached $4.3 trillion in 2021

After a significant jump in healthcare spending in 2020 with the onset of the COVID-19 pandemic, healthcare spending in the United States only increased 2.7% in 2021, according to new analysis from the Office of the Actuary at the Centers for Medicare and Medicaid Services (CMS), published in Health Affairs.

Healthcare CEO turnover surges in November as leaders retire

CEO turnover surged in the final months of 2022, indicating that the disruptive labor challenges that have defined this year may not be over.

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AMA, state associations urge Congress to avoid Medicare payment cuts

The American Medical Association is asking Congress to step in before new Medicare payment cuts go into effect in 2023.

Around the web

Compensation for heart specialists continues to climb. What does this say about cardiology as a whole? Could private equity's rising influence bring about change? We spoke to MedAxiom CEO Jerry Blackwell, MD, MBA, a veteran cardiologist himself, to learn more.

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.”