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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Emergency department spending in the US grew 4.4% to $136B, outpacing healthcare overall

Road injuries, falls and urinary diseases accounted for the highest percentage of that total, according to new figures published in PLOS One.

Federal security officials warn that ‘Made in China’ could one day go for tech-dependent US healthcare

U.S. healthcare may be high on China’s wish list of Western spheres of activity to infiltrate ever more deeply with artificial intelligence and other advanced technologies.

Google gains a sure foothold for building its healthcare AI résumé

A 17-hospital, 500-site health system in the Northeast is migrating clinical and operational data to Google Cloud platforms while also partnering with the Silicon Valley giant on AI and machine learning.

Another itemized set of actions Washington could take to better regulate medical AI

Two more close AI observers are urging Congress to equip the FDA for tighter regulation of medical algorithms.

Major academic health system reveals plans for dedicated AI department

U.S. healthcare will soon welcome the country’s first hospital department focused on applying AI to biomedical research and clinical medicine

5 ways US regulators could go further to beat back bias in medical AI

FDA could do more to police regulated products for algorithmic biases that may affect clinical outcomes in vulnerable subpopulations.

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Bigger healthcare mergers are on the horizon

Not much M&A activity has occurred in healthcare during the third quarter of 2021, but a few recently announced deals are big in value. 

Mayo’s medical might combining with Hilton’s eminent hospitality

Destination healthcare consumers and their traveling companions will soon enjoy all the niceties Hilton hotels have to offer—as long as the provider organization of the patient’s choice is the Mayo Clinic in Florida.

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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