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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President Trump declares February American Heart Month

President Donald Trump declared February American Heart Month this Thursday in a tradition that stretches back 54 years.

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Interim publication of randomized trial results could be confusing, misleading

Researchers might be jumping the gun when publishing interim results of randomized trials, according to new information out of Dartmouth University. In roughly 20 percent of cases, results differ significantly by the time final numbers are published.

Survey: Physicians skeptical about value-driven payment models

Most physicians don’t believe accountable care organizations (ACOs) or bundled payment programs will effectively drive down America’s burdensome healthcare costs, according to a survey released this month by Leavitt Partners.

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ACA reduced out-of-pocket spending—but premiums rose at near-equal rate

The implementation of the Affordable Care Act (ACA) was associated with an 11.9 percent decrease in average out-of-pocket spending, including a 21.4 percent decrease in the lowest-income group, according to a study of more than 80,000 U.S. adults.

Lack of long-term funding could threaten diabetes research

Two diabetes research programs have received short-term funding patches of $37.5 million each to continue operating through March 31, but several groups are warning the lack of permanent funding could stall innovation and delay new research which could help the more than 100 million Americans who have diabetes or prediabetes.

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Researcher reacts to CMS proposal to expand coverage for patients with pacemakers, defibrillators

Two weeks after CMS rolled out a proposal to expand MRI coverage options for patients with unapproved implantable devices, researchers in the field are optimistic—but remain critical.

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Alex Azar confirmed as HHS secretary in largely partisan vote

The U.S. Senate confirmed former Eli Lilly executive Alex Azar as the next HHS secretary Jan. 24, with seven Democrats joining all but one Republican in a 55-43 vote.

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Abbott’s 4th quarter revenues up 42%

Abbott announced on Jan. 24 worldwide sales of $7.6 billion in the fourth quarter of 2017, a 42.3 percent growth year over year.

Around the web

Ron Blankstein, MD, professor of radiology, Harvard Medical School, explains the use of artificial intelligence to detect heart disease in non-cardiac CT exams.

Eleven medical societies have signed on to a consensus statement aimed at standardizing imaging for suspected cardiovascular infections.