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.

Rising hospital prices driven by increasing costs of care

There are a number of reasons why hospital prices throughout the U.S. are rising, and a study published online Oct. 1 in Health Management, Policy and Innovation found that most of them relate to cost of care increases. There is little evidence to suggest that market competition is behind the higher prices or that hospitals hike up prices because of lower reimbursement from insurance companies.

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Agency-by-agency look at shutdown

The Washington Post reviewed contingency plans filed by federal agencies that detailed employee furloughs and what aspects of their programs would remain functioning during the government shutdown. The list is organized by agency and will be updated as information becomes available.

ED visits common after surgery, especially for PCI, CABG

In a study of more than 2.3 million Medicare patients who underwent surgery, researchers found that 17.3 percent of these patients visited an emergency department (ED) within 30 days of discharge. Patients who underwent PCI and CABG had the highest rates of post-discharge ED visits compared with patients who had other procedures.

Care beyond 30 days of acute MI admission eats up most spending

Policymakers may want to target the late post-acute period in patient care if they really want to rein in healthcare spending. A study published online Sept. 23 in JAMA Internal Medicine attributed three-quarters of Medicare beneficiaries’ acute MI expenditures to days 31 through 365.

Cedars-Sinai Medical Center Reducing 30-day Readmissions and Improving Patient Health

Heart failure and acute myocardial infarction are two of three conditions at the center of the Medicare pay for performance bull’s eye. As the penalties expand to include other conditions, there’s much to learn from foibles and successes from hospitals across the country. How do you reduce 30-day all-cause readmission? It’s a complex challenge but one that Cedars-Sinai Medical Center in Los Angeles has met.

Bundling Bandwagon: Hold Your Horses

Bundled payments are gaining momentum as providers and payers begin exploring how to implement these models. Yet some policy analysts urge caution as they look beyond “how-to” aspects to longer-term consequences.   

Coronary CT angiography may cut ED costs by 23%

Based on an analysis of ROMICAT I data, coronary CT angiography could lower costs for hospitals treating emergency department (ED) patients with acute chest pain by 23 percent if the patients are at low to intermediate risk of coronary artery disease (CAD). But the cost pendulum could swing the other way if the prevalence of indeterminate or significant CAD is high.

The Alternative Quality Contract: Cuts costs, but not quality

A two-sided risk-sharing payment program introduced by Blue Cross Blue Shield (BCBS) across the state of Massachusetts led to reduced spending that did not compromise the quality of care and in some cases, actually improved it, according to a study published in the Aug. 28 issue of JAMA. The benefits affected not only BCBS members, but some Medicare beneficiaries as well.

Around the web

Several key trends were evident at the Radiological Society of North America 2024 meeting, including new CT and MR technology and evolving adoption of artificial intelligence.

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