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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Employer healthcare plan costs will rise again next year

"In complete contrast over the last decades, we are measuring that healthcare budgets for U.S. employers will come in nearly three times lower than the Consumer Price Index this calendar year. Despite this historic occurrence, employer health costs are expected to increase 6.5[%] in 2023 due to economic inflation pressures," says Debbie Ashford, North America chief actuary for health solutions at Aon.

 

Americans are facing a prescription drug debt spiral

More than 4 in 10 prescription drug medicine users are concerned that drug spending will lead to bankruptcy or debt.

CathVision’s ECGenius EP Recording System, a new solution designed to capture high-fidelity, low-noise electrocardiogram (ECG) recordings for the diagnosis and treatment of arrhythmias such as atrial fibrillation (AFib).

Heart rhythm specialists raise $7.2M to fund advances for FDA-cleared ECG system

The new funding all came from existing investors. “Reinvesting in the company demonstrates confidence in our innovation," CathVision's CEO said about the news. 

ACR, other groups cry foul over insurers’ methods for calculating out-of-network payments

Payers have been using rates agreed to by PCPs to justify underpaying specialists such as anesthesiologists, emergency physicians and, yes, radiologists.

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CVS, Walgreens and Walmart ordered to pay $650M for role in opioid epidemic

Three major pharmacy names will have to fork over hundreds of millions of dollars to two Ohio counties for their roles in the opioid epidemic, a judge has ruled.

Staffing marketplace raises $80M, reaching 'unicorn' status

New investors for this funding round included Kaiser Permanente, a star athlete and social media personalities. 

Biden signs Inflation Reduction Act into law—what does it mean for healthcare?

The act is Biden’s third major piece of legislation to sign into law since the start of his term, and it accomplishes a healthcare task the Democrats have been wanting for years: enabling Medicare to negotiate prescription drug prices.

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Cardiologists earn the highest average salary in all of healthcare

The new report, based on data from the U.S. Bureau of Labor Statistics, once again highlights the fact that cardiology is associated with high demand and high compensation in today's market.