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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VIDEO: Where are we with AI adoption in radiology?

Bibb Allen, MD, FACR, chief medical officer of the American College of Radiology (ACR) Data Science Institute, discusses multiple factors involved in the adoption rate of artificial intelligence in radiology.
 

Healthcare jobs swing upward in August

Healthcare employment rose during the month of August, likely a welcome relief to resource-stretched organizations.

Affera Inc Medtronic $925 million catheter ablation atrial fibrillation (AFib)

Medtronic completes acquisition of heart rhythm tech company in a deal reportedly worth $925M

Affera’s portfolio includes interventional solutions such as the Affera Prism-1 mapping and navigation platform, designed to help electrophysiologists diagnose heart rhythm issues, and the Sphere-9 cardiac ablation catheter. 

insurance payer payment insurer

HHS investing nearly $100M in health navigators for open enrollment

The funding, which is through the Centers for Medicare and Medicaid Services (CMS), includes $98.9 million that will help ensure consumers can navigate health insurance enrollment through the Marketplace, Medicaid and the Children’s Health Insurance Program (CHIP).

 

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Hospital margins fall behind pre-pandemic levels

Hospitals are facing their toughest margins yet, and without the boost of federal funding, 2022 is on pace to be one of the worst financial performances for the space in years.

Medicare money payment physician

Mental healthcare network Alma raises $130M

Alma, a membership-based network focused on mental healthcare, has raised $130 million in a Series D funding round. The network nabbed investments from some big names, including Cigna Ventures.

insurance payer payment insurer

Employer healthcare plan costs will rise again next year

"In complete contrast over the last decades, we are measuring that healthcare budgets for U.S. employers will come in nearly three times lower than the Consumer Price Index this calendar year. Despite this historic occurrence, employer health costs are expected to increase 6.5[%] in 2023 due to economic inflation pressures," says Debbie Ashford, North America chief actuary for health solutions at Aon.

 

Americans are facing a prescription drug debt spiral

More than 4 in 10 prescription drug medicine users are concerned that drug spending will lead to bankruptcy or debt.

Around the web

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.

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. 

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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