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.

NIH violated federal law in withholding $8B grant funding, watchdog says
The Government Accountability Office wrote in a new report that the National Institutes of Health violated the Impoundment Control Act, which bars delays in allocating funds approved by Congress, when it pulled funds for research grants linked to “equity-related” initiatives.
Insurance companies deny rare disease drugs to 54% of patients, survey finds
Patients told the PAN Foundation they were helped by charities and manufacturer rebate programs, with some advised by alternative funding programs to get their drugs from outside the country.
AI company raises $55M with help from leading health systems
Ultromics plans to use the new funds to help expand its presence throughout the United States. In addition, the company is focused on developing additional AI-enabled software offerings.
How economic forces are reshaping the future of cardiac care
Karen Joynt Maddox, MD, MPH, explained the many ways cardiology's business models are starting to evolve. She also touched on a number of other topics, including AI and the power of prevention.
Boston Scientific’s coronary DCB gains new Medicare reimbursement
The first coronary DCB to gain FDA approval just received an additional reimbursement that could improve patient access.

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Poll: Medicaid cut fears divide Democrats and Republicans

However, partisan divides dwindled when respondents were asked about how federal cuts to healthcare spending would strain their local communities, particularly in rural and low-income areas.

American Medical Association (AMA) President Bruce Scott, MD, an otolaryngologist in Louisville, Kentucky, explains some of the key issues facing physicians, including burnout, growing medical staffing shortages, declining numbers of doctors in rural areas, increasing numbers of patients, large medical education debt payments, the lack of residency positions to train new doctors, and declining Medicare payments, which have declined 33% since 2000. Scott said these issues are also interrelated.

AMA President highlights growing crisis facing U.S. physicians

American Medical Association President Bruce Scott, MD, explains some of the key issues facing physicians, including burnout, growing medical staffing shortages, doctors leaving rural areas, increasing patients and declining Medicare payments.

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9 trends to watch in diagnostic imaging

Consulting firm Vizient is forecasting continued growth in the specialty, driven by shifts in where patients receive care, new therapies that require imaging and a rapidly aging population.

American Medical Association cautions radiology groups considering corporate investments

This new guidance emphasizes that clinical and operational decisions must “remain in the ultimate control” of radiologists or other clinicians, the AMA said Monday.

Patients making under $50K are less likely to have claim denials reversed, study shows

Researchers from the University of Massachusetts and the University of Toronto found that racial minorities were less likely to have a medical insurance claim appeal approved, as were men more broadly.

Radiology societies urge commercial payers to update coverage for key interventional procedure

A total of 10 professional associations—also representing pain medicine, anesthesia and rehab specialists—recently messaged more than a dozen payers across the U.S.

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Judge triples damages in antitrust lawsuit, ordering Johnson & Johnson MedTech to pay $442M

A bad outcome for Johnson & Johnson MedTech just got worse. A jury previously ordered the company to pay $147M, but the new total is $442M.

cleveland clinic settles for failing to disclose research funding

Insurer illegally forcing women to pay for breast imaging, class action lawsuit contends

Lauren Moody and her attorneys believe the damages against Oscar Health could climb to $30M when factoring in interest, attorney fees and fines.

Economics

NIH violated federal law in withholding $8B grant funding, watchdog says

Insurance companies deny rare disease drugs to 54% of patients, survey finds

AI company raises $55M with help from leading health systems

How economic forces are reshaping the future of cardiac care

Boston Scientific’s coronary DCB gains new Medicare reimbursement