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.

Hospitals face rough ride under reform but device makers may fare worse

The financial outlook for hospitals under healthcare reform initially appears rocky but may perk up with time. Medical devices makers, on the other hand, should brace for difficulties, according to a report published July 17 by Moody’s Investors Service.

Ice-cream stand syndrome: Hospitals set up cardiac services near rivals

While the number of hospitals providing invasive coronary services has increased, access to these procedures has not improved because hospitals offer new services in locations where similar cardiac programs already exist.

Lies & statistics: What really makes a healthcare system successful?

In a recent blog post on the American College of Cardiology’s ACC in Touch Blog, David May, MD, PhD, FACC, weighs in on a Health Affairs article that concluded, “Europe’s strong primary care systems are linked to better population health but also to higher health spending.” May takes aim at the metrics used to come to this conclusion and offers his insight about healthcare delivery in America and around the world.

Analysis finds TAVR ‘relatively expensive’

Transcatheter aortic valve replacement (TAVR), which has rarely been described as a significant bargain economically, emerged as more expensive than previously reported in a cost-effectiveness analysis published July 9. A team from the PARTNER trial agreed with the researchers on one point: the need to define patient groups for whom TAVR provides good value.

Capitation puts lid on use but not geographic variation

Capitation appeared to lower the use of cardiac procedures but it didn’t rein in regional variation. The findings, published July 10 in JAMA, underscore the need to identify drivers behind variation, the authors wrote.

2 preop steps reduce surgical site infections

Two simple preoperative procedures significantly reduced the risk of site infections in cardiac and other surgeries. The protocol, which was reported in Antimicrobial Resistance and Infection Control, saved the health system more than $1 million.

Drugs & money: Tailing top prescribers

ProPublica and NPR teamed up in an analysis of Medicare data to investigate prescribing habits for nebivolol (Bystolic), a treatment for hypertension. They reported that 17 of the top prescribers in 2010 accepted $283,450 in fees for promotional talks and more than $20,000 for meals from the drugmaker, Forest Laboratories. Most of the same names appeared again in results for 2011, the most recent year that data were available.

Pay for performance, or pass it up?

Most people agree reimbursement that rewards volume has fueled overuse and high costs for U.S. healthcare. But few agree on the best replacement. François de Brantes, executive director of the Health Care Incentives Improvement Institute, made a case for pay-for-performance incentives recently in the Wall Street Journal. Steffie Woolhandler, MD, MPH, of the City University of New York School of Public Health, shared why she thinks it is a bad idea.

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.