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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Johnson & Johnson to acquire Abiomed in $16.6B deal

Johnson & Johnson agreed to an upfront payment of $380 per share. Abiomed shareholders can also receive up to an additional $35 per share if certain milestones are met in the years ahead. 

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Cancer death rates drop again

Cancer death rates have dropped again among men, women, children, adolescents and young adults.

These states are struggling the most to find primary care physicians

Among primary care physicians, there is a huge unmet need in certain parts of the country, according to a recent ranking from the Kaiser Family Foundation.

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Physician salary update: Women still earning much less than men

Despite the wide pay gap, the majority of female physicians—specialists or otherwise—said they would choose to pursue a career in medicine again if given the choice.

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HCA Healthcare slashes contract labor to cut costs

One of the nation’s largest health systems is shoring up its expenses by cutting back on contract labor amid growing financial challenges. 

 

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46% of Americans have been in debt due to hospital bills

The ever-rising cost of healthcare in the United States is having a crippling financial impact on many Americans, according to a recent survey.

Cordis acquires MedAlliance, known for its drug-eluting balloon technology, in deal that could surpass $1B

Cordis to acquire MedAlliance, known for its drug-eluting balloons, in deal that could surpass $1B

The acquisition includes an initial investment of $35 million and an upfront closing payment of $200 million. By 2029, if the companies reach all targeted regulatory and commercial milestones, the acquisition could cost Cordis up to $1.135 billion in all.

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Philips cuts 4K jobs amid falling sales

“These initial actions are needed to start turning the company around," new CEO Roy Jakobs said in a statement. 

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Around the web

Cardiovascular Business
Cardiologist compensation still rising, especially in invasive and interventional cardiology

Updated compensation data includes good news for multiple subspecialties. The new report also examines private equity's impact on employment models and how much male cardiologists earn compared to females.

Cardiovascular Business
FDA’s tirzepatide decision creates uncertainty for patients—and leads to a lawsuit

When drugs are on the FDA’s shortage list, outsourcing facilities can produce their own compounded versions. When the FDA removed tirzepatide from that list with no warning, it created a considerable amount of chaos both behind the scenes and in pharmacies all over the country. 

Cardiovascular Business
Cardiology groups cheer new bill that would improve access to Medicare claims data

If passed, this bill would help clinician-led clinical registries explore Medicare data for research purposes. The Society of Thoracic Surgeons and American College of Cardiology both shared public support for the bipartisan legislation. 

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