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.

AI in nursing

Proposed HHS budget would close NINR, cut nursing programs

The American Nurses Association is warning that eliminating support for the training and research offered by the National Institute of Nursing Research could be devastating to the public, as many programs support specialties such as maternal and mental health. 

Family of heart patient who died awarded $45M after suing health system for negligence

The 55-year-old patient woke up experiencing chest pain one morning and an ambulance was called. He was dead just a few hours later. His family's lawsuit argued that delays in care, communication errors and other issues were directly responsible for his death.

U.S. Department of Health and Human Services (HHS) sign.

Leaked HHS budget reveals 30% cuts, elimination of many core services

A proposal for the massive restructuring of the Department of Health and Human Services ends funding to programs associated with chronic disease management, lead safety, and Head Start. However, HHS is adding a new department to focus on understanding the cause of long-term illness. 

Healthcare salaries and compensation

Cardiologist compensation drops 4%—still higher than most other healthcare specialties

Cardiology still ranks No. 4 overall, trailing just orthopedics, radiology and plastic surgery.

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Trump lifts most tariffs, promises ‘major’ levies on pharmaceuticals

President Trump announced that most of his "reciprocal" tariffs have been halted. However, he raised those on Chinese goods to 125%.  

Medicare Advantage Part C clipboard payment

CMS boosts Medicare Advantage reimbursement as Dr. Oz takes over

CMS more than doubled the raise in payments for covered services proposed by Biden, increasing the amount from 2.23% to 5.06%. 

U.S. Department of Health and Human Services (HHS) sign.

Judge halts HHS’s $11B cuts to state healthcare programs

In issuing an injunction, a federal district court in Rhode Island ruled that states and their populations would suffer irreparable harm if the funds allocated by Congress were not granted to them.

Rural America lost 3,300 medical practices in five years, report shows

A data analysis from the Physicians Advocacy Institute and Avalere Health found corporate buyouts are leaving patients in low-population areas with fewer options, as doctors are opting to go elsewhere.

Around the web

While Kardium raised $250 million in an oversubscribed funding round, Field Medical raised $35 million. Both companies are focused on designing and developing new pulsed field ablation technologies to help treat challenging arrhythmias. 

Johnson & Johnson MedTech has received reports of its Automated Impella Controller failing to connect properly with Impella heart pumps. If this happens, the FDA warned, it may put patients at risk.

Vascular Technology, first founded 40 years ago, is planning on using the new funds to grow and expand its portfolio.