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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Omicron COVID variant slammed hospitals in January

The surge in the omicron COVID-19 variant slammed the financial health of hospitals and health systems during the first month of 2022.

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About 100 medical societies ask Congress to be involved in Congressional efforts to reform Medicare

Nearly 100 professional healthcare societies have asked Congress to include them in any discussions related to Medicare reform. 

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Tripment asks federal court to dismiss infringement lawsuit by MDSave over similar imaging services website

Healthcare services online marketplace vendor Tripment Health asked a United States District Court to invalidate a lawsuit by MDSave Inc., which Tripment says is an attempt to gain an unfair advantage by weaponizing patents.

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HHS allocating $560M in payments to healthcare providers impacted by COVID-19 pandemic

Nearly $19 billion will have been distributed from the Provider Relief Fund and the American Rescue Plan Rural provider funding since November 2021.

Mayo Clinic invests $432M in Florida hospital expansion project

The health system has seen "unprecedented growth” in Florida in recent years, spurring a 23% increase in staffing. 

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Population growth drives new hospital construction in North Carolina

The addition is part of Atrium Health’s $1 billion expansion plans.

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Mortality odds increase in older, financially stressed patients following a heart attack

Severe financial stress was associated with a 61% increase in 180-day mortality risk in individuals following acute myocardial infarction.

95% of doctors believe COVID-19 has exposed cracks in the medicine supply chain

Sixty-two percent of those surveyed believe significant reliance on other countries for medicines is among the biggest contributing factor to medicine shortages, according to new survey results.

Around the web

Compensation for heart specialists continues to climb. What does this say about cardiology as a whole? Could private equity's rising influence bring about change? We spoke to MedAxiom CEO Jerry Blackwell, MD, MBA, a veteran cardiologist himself, to learn more.

The American College of Cardiology has shared its perspective on new CMS payment policies, highlighting revenue concerns while providing key details for cardiologists and other cardiology professionals. 

As debate simmers over how best to regulate AI, experts continue to offer guidance on where to start, how to proceed and what to emphasize. A new resource models its recommendations on what its authors call the “SETO Loop.”