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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Cigna venture fund to invest in innovative healthcare companies

Cigna is launching a venture fund that will be dedicated to investing in companies with innovative and transformative plans for healthcare.

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Medicare spends $400M a year on prostate cancer treatment for elderly men

Despite national guidelines advising against prostate cancer screening in men 70 or older, researchers from the University of North Carolina (UNC) Lineberger Comprehensive Cancer Center found that prostate cancer care for this demographic costs Medicare more than $400 million a year, according to a study published Sept. 13 in JAMA Oncology.

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Medicaid expansion doesn’t improve minority access to complex surgical care

Medicaid expansion under the Affordable Care Act (ACA) failed to improve access to care for minorities and low-income patients with complex surgical needs, researchers reported in the Sept. 13 online edition of the Journal of the American College of Surgeons.

Imaging, urgent care facility opening in Maine mall hopes to lower costs

Central Maine Healthcare (CMH) in Lewiston recently announced plans to open an outpatient care facility inside a mall in southern Maine—offering imaging services and urgent care, according to the Sun Journal. The system believes its model can lower healthcare costs in the region.

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FDA announces ‘historic enforcement actions’ against e-cigarette industry

The FDA is launching “the largest coordinated tobacco compliance effort” in the agency’s history, according to a 3,493-word statement from Commissioner Scott Gottlieb, MD, released on Sept. 12.

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Reselling diabetes test strips an unregulated ‘gray market’ in US

It is legal to resell unexpired strips as long as they weren’t fraudulently purchased through Medicare or Medicaid. This has led to cash offers for unused testing strips online and on social media, as well as resell operations popping up in garages and basements, the Chicago-Sun Times reported.

California’s breast density law extended through 2025

California Gov. Jerry Brown guaranteed the state’s breast density notification program will extend through 2025 after he signed the Dense Breast Tissue Awareness bill (SB-1034) this week.

Connecticut receives $12.2M grant to develop statewide health information exchange

The state of Connecticut was recently awarded a $12.2 million grant to help support its effort to create a statewide health information exchange.