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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Kaiser: MRI price, availability, use are highest in US

The U.S. leads 22 comparable countries in MRI price, availability and use, according to a data report published by the Kaiser Family Foundation. The report was recently presented at a forum held by the Kaiser Family Foundation and the Peterson Center on Healthcare in Washington, D.C.

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Wash U receives $5M grant to research treatment of hard-to-treat breast cancers

Washington University School of Medicine in St. Louis will receive a $5 million grant from the U.S. Department of Defense (DOD) to conduct research on HER2-positive breast cancer.

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CMS’s Verma: Upside-only ACOs not working

CMS Administrator Seema Verma, MPH, said accountable care organizations (ACOs) that haven’t taken on downside risk “are not producing results,” suggesting the agency could reevaluate those payment models.

Addressing EHR regulatory requirements as the cause of burnout

Regulatory requirements could be a main reason for physician dissatisfaction and increased burnout with electronic health records (EHRs), according to an Ideas and Opinions piece published May 8 in the Annals of Internal Medicine.

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Change Healthcare, Adobe, Microsoft team up to develop patient engagement tool

Change Healthcare has announced a collaboration with Adobe Systems and Microsoft to develop a more comprehensive patient engagement tool for providers to build patient relationships through technology.

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Feedback on opioid prescribing data improves clinicians' self-perceptions

Providing emergency department (ED) clinicians with feedback on their opioid prescribing led to a significant decrease in future prescriptions, according to a study published April 2 in Academic Emergency Medicine.

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Are imaging costs, utilization leading to increased spending in Massachusetts?

In 2015, Medicare spent $762.1 million on imaging services in Massachusetts, with per beneficiary spending 14 percent higher than the average state. A Boston Business Journal report suggests increased imaging costs and higher utilization of imaging services are to blame.

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Massachusetts patients rack up expensive imaging services, costing the state millions in Medicare

Massachusetts doctors are quick to refer patients for expensive imaging services like MRI and CAT scanning, the Boston Business Journal reported this week—and it cost the federal government an estimated $27 million in 2015.