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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Steward paid $719M dividend to private equity owner prior to bankruptcy

The 2016 payout totaled $770 million, with $71 million going to executives at Steward Health Care. That year, the hospital chain reported a net loss of $300 million. 

cross market hospital mergers

Abiomed, Biosense Webster, Cerenovus now all known as Johnson & Johnson MedTech

These companies were already part of the Johnson & Johnson family, but they had still retained their previous brand names. Now, each one is officially going by Johnson & Johnson MedTech. 

Healthcare systems set up at the ACC.24 career fair in hopes of filling open positions, including a large and growing number of general cardiologist positions. Photo by Dave Fornell #ACC24 #ACC2024

Healthcare job growth slowing, down nearly 50% on the year

There were 31,000 new healthcare jobs added in August, a downward trend from the 60,000 average over the last 12 months.

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Radiologists speak during Capitol Hill briefing on key breast imaging legislation

U.S. Rep. Rosa DeLauro, D-Conn., convened the hearing a day before new FDA breast density notification requirements were set to go into effect on Sept. 10. 

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American College of Radiology ‘strongly disagrees’ with making CMS payment model mandatory

The feds see this as a way of increasing specialist engagement in value-based care and bolstering their collaboration with PCPs and Medicare beneficiaries. 

Biden administration aims to improve prior authorizations for mental health services

Announced Monday, modifications to the Mental Health Parity and Addiction Equity Act would close loopholes that limit patient access to mental health and addiction treatments.

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AMA warns of ‘growing gap’ between Medicare pay and cost of physician care

"We strongly urge CMS to acknowledge the negative effects of the proposed payment cut on Medicare beneficiaries in the final rule," the American Medical Association wrote in a comment letter shared Sept. 5. 

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AI-based, risk-stratified breast cancer screening program could save health system upward of $109M annually

Moving away from a "one size fits all" approach to one that targets women at greater risk of developing the disease could help the UK's NHS  better allocate scarce screening resources, experts wrote.