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.

Andrei Churyla, MD, Douglas Johnston, MD, and R. Kannan Mutharasan, MD, tour a clinic room designed for future AI technology pilots at Palos Hospital.

Northwestern Medicine opens advanced outpatient cardiac clinic at suburban Chicago

Northwestern Medicine opens a new outpatient cardiology clinic to address better patient access to care in Chicago's south suburbs. 

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Health spending reached $4.3 trillion in 2021

After a significant jump in healthcare spending in 2020 with the onset of the COVID-19 pandemic, healthcare spending in the United States only increased 2.7% in 2021, according to new analysis from the Office of the Actuary at the Centers for Medicare and Medicaid Services (CMS), published in Health Affairs.

Healthcare CEO turnover surges in November as leaders retire

CEO turnover surged in the final months of 2022, indicating that the disruptive labor challenges that have defined this year may not be over.

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AMA, state associations urge Congress to avoid Medicare payment cuts

The American Medical Association is asking Congress to step in before new Medicare payment cuts go into effect in 2023.

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U.S. lawmakers pen letter calling for expanded access to amyloid PET imaging

“We must make every effort to grant equitable access to tools that can help individuals and their loved ones treat and manage this disease."

Boston Scientific to acquire majority stake of interventional device company for $523M

Acotec, founded in 2008, designs and distributes a wide range of medical devices used in interventional cardiology, including drug-coated balloons and thrombus aspiration catheters.

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Price transparency a hot topic, but many patients still caught off guard by imaging bills

Many patients are unaware of factors that influence how they are billed, such as ancillary fees and organizational setups that use parties offsite to interpret imaging studies. In turn, the pricing information patients receive prior to exams is often incomplete. 

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How cardiologists can steer patient discussions about costs and value in the right direction

High out-of-pocket costs are a growing problem in healthcare, often creating stress and confusion for patients. A new analysis in Circulation: Cardiovascular Quality and Outcomes examined one way that physicians can help.