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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Former Hollywood doctor found guilty in $355M medical billing scam

Julian Omidi directed employees to falsify sleep apnea studies that were needed for insurers to preapprove lap-band weight-loss surgeries, according to the Department of Justice.

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8 simple tips to help radiologists work smarter, not harder

While informatics and information technology tools are essential, individuals can take a number of steps to improve their day-to-day productivity.

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National healthcare spending jumped 9.7% last year, topping $4.1 trillion

Much of the hike was due to a quick upturn in government spending during the pandemic, including the $122B Provider Relief Fund and $53B Paycheck Protection Program.

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Healthcare deals were up 56% in 2021, with a few topping $5 billion

Physician medical groups and the managed care and rehabilitation sectors were top targets for deals last year, according to a new report from PwC.

Medical companies among top franchises in 2021

Several healthcare names have cracked the rankings of the top franchises in 2021 by Franchise Times.

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Baxter acquires global medical technology firm for estimated $12.5 billion

The Deerfield, Illinois-based company also announced a few important leadership changes to go along with its purchase of Hillrom.

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American medical and hospital associations file suit over surprise billing provision opposed by radiologists

AMA and AHA attorneys filed the complaint against the Biden administration Thursday in the D.C. district court. 

‘Stalking horse bidder’ submits preliminary offer to rescue bankrupt community hospital

The 106-bed acute care hospital said the "much needed" capital will allow it to keep the doors open and continue serving patients.

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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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