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.

Time to rethink how we compensate nonprofit hospital CEOs, think tank says

The average nonprofit hospital executive earns eight times more than their average hourly employee, experts with Brookline, Massachusetts-based Lown Institute reported.

Strategic partnership: Press Ganey acquiring Forsta

The move will help Press Ganey, a healthcare-focused patient experience company, grow its technology offerings and expand globally.

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Most physicians still paid based on volume, despite efforts to incentivize value-driven care

More than 80% of primary care physicians and 90% of specialists employed in group practices owned by health systems receive base pay under volume-driven models, new research shows.

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Pharmacist gets 5 years in prison for $180M insurance fraud scam

David “Jason” Rutland paid kickbacks to distributors for prescription referrals that were medically unnecessary and illegally billed insurers.

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70% of healthcare executives expect M&A activity to ramp up this year

Many see labor shortages, supply chain issues and inflation as only modest obstacles to more deals.

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Mark Cuban’s prescription drug company launches online pharmacy for affordable medications

The Mark Cuban Cost Plus Drug Company promises to bypass middlemen and "outrageous" markups for more than 100 medications.

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Insurers spent millions on ivermectin prescriptions for COVID-19, despite the drug being ineffective

Private and Medicare insurers spent nearly $2.5 million on the anti-parasite drug during a single week in August 2021, researchers reported in JAMA Network Open.

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R1 RCM agrees to purchase AI revenue cycle company Cloudmed in $4.1B deal

The acquisition includes $857 million of debt from private equity-backed Cloudmed, the organization's announced Monday, Jan. 10.

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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