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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Medical liability premiums surge again

Medical liability premiums have risen significantly again for the third consecutive year, according to an analysis from the American Medical Association (AMA).

 

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Pfizer finalizes $6.7 billion acquisition of Arena Pharmaceuticals, gaining key cardiovascular treatments

Etrasimod, an oral medication developed to treat certain inflammatory conditions, was at the center of Pfizer’s acquisition, but some key cardiovascular assets were also part of the transaction. 

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Healthcare wage growth during COVID lagged behind other industries despite pandemic burden

The average wages for U.S. healthcare workers rose less than wages in other industries during 2020 and the first six months of 2021, despite the healthcare workforce shouldering the heavy burden of fighting the pandemic.

Examples of two lung cancers that were caught using low dose CT lung screening. Image from RSNA

Q&A: What updated reimbursement policies could mean for CT lung screening rates in the United States

The ACR said a recent reimbursement rule change for low-dose computed tomography (CT) lung screen scans will help open up screening to more patients. 

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Amazon Pharmacy partners with Blue Plans in five states

Amazon Pharmacy has teamed up with Blue Plans to offer prescription medicine options in New Jersey, Nebraska, Alabama, Florida and Kansas.

 

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HHS reports 40% decline in uninsured black Americans with the Affordable Care Act

The U.S. Department of Health and Human Services (HHS) released a new report March 8 that shows historic gains in healthcare coverage among black Americans.

Prior authorization burdens are increasing

Healthcare leaders agree prior authorization burdens are increasing.

 

GoodRx acquires vitaCare for $150M

GoodRx, a healthcare platform that offers telemedicine and prescription drug discounts, has agreed to acquire vitaCare Prescription Services for $150 million.

 

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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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