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.

CMS defers $260M in Medicaid funds as part of ‘major crackdown on healthcare fraud’
The money was meant for Minnesota, where criminals were indicted for abusing the Medicaid system to run bogus daycare centers. The Centers for Medicare & Medicaid Services did not specify how the state can rectify the situation to the Trump administration’s satisfaction.
Walgreens cuts 628 jobs and closes distribution facility, alarming private equity watchdog
Sycamore Partners took over the struggling retail pharmacy chain roughly six months ago, and the Private Equity Stakeholder Project fears early staffing cuts and store closures could spell trouble for the long-term health of the newly restructured business.
Medtronic’s diabetes division seeks $7.9B valuation in upcoming IPO
MiniMed, Medtronic's diabetes business, hopes to sell 28 million shares of its common stock at a price of $25 to $28 per share.
How the rise of AI could lead to efficiency issues and lower reimbursement payments
AI has shown the potential to transform patient care. However, there are more details to consider than many health systems and policymakers realize.
AHA launches women’s health initiative—doctor Jen Ashton and husband donate $1M
Jennifer Ashton, MD, an OB-GYN who became a household name thanks to years of appearances on ABC News and Good Morning America, hopes this new initiative can help cardiologists learn more about such topics as menopause and hormone therapy.

ICD-10 attitudes survey validates official delay

Just before the transition to ICD-10 was officially delayed, NueMD conducted a survey of 1,300 healthcare professionals to gauge their attitudes towards ICD-10.

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When the dust settles from all the recent activity and changes in the healthcare environment, it will soon become clear that there has been a major shift in the way healthcare is practiced, measured, and compensated.

Deadline Looms for “High Risk” Enrollees

According to an article in the Wall Street Journal, there is a significant segment of high risk individuals with pre-existing medical conditions currently enrolled in a federal health insurance program that is slated to close on March 31, 2014. This federal program was created shortly after the 2010 health law was passed to offer assistance to those people who couldn’t get coverage from commercial insurers because of their pre-existing medical conditions. There was $5 billion in funding set aside to cover this group’s medical claims through December 31, 2013. 

Feds Seize Records in Zwanger-Pesiri Medicare Probe

According to an article published in NewsDay, Federal agents raided the corporate headquarters of Zwanger-Pesiri Radiology in Lindenhurst on Tuesday, March 11, seizing the records of the business that operates 12 medical offices on Long Island, NY. 

Economics

CMS defers $260M in Medicaid funds as part of ‘major crackdown on healthcare fraud’

Walgreens cuts 628 jobs and closes distribution facility, alarming private equity watchdog

Medtronic’s diabetes division seeks $7.9B valuation in upcoming IPO

How the rise of AI could lead to efficiency issues and lower reimbursement payments

AHA launches women’s health initiative—doctor Jen Ashton and husband donate $1M