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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Some Irish teens’ heart health comparable to that of 60-year-olds

Research gathered as part of Irish Life Health’s annual fitness challenge has revealed the cardiovascular health of some local 15-year-olds is comparable to that of 55- or 60-year-olds—something experts are attributing to low levels of physical activity among the country’s youth.

Erlanger, radiology group reach agreement after contract dispute

Tennessee Interventional Imaging Associates (TIAA) reached an agreement with Chattanooga, Tennessee-based Erlanger Health System to remain its radiology service provider, according to the Times Free Press. The parties had previously been in a contract dispute that threatened the hospital’s premier stroke program.

Cardiovascular line items central to hospitals’ outpatient revenue

Cardiovascular diagnoses such as chest pain and atherosclerotic heart disease are key drivers of outpatient payments, which accounted for almost 57 percent of hospitals’ net patient revenue in 2017, according to data compiled by Definitive Healthcare.

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‘An unacceptable step backward’: UnitedHealthcare prioritizes Medtronic insulin pumps

UnitedHealthcare partnered with Medtronic Feb. 1 to make the device company’s MiniMed 670G insulin pump system its preferred pump for diabetics aged 7 and up—a move the Juvenile Diabetes Research Foundation (JDRF) calls “an unacceptable step backward” and says effectively limits patients’ choices to one product.

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Better CVD prevention spurred spending dip for Medicare patients

Spending growth per Medicare beneficiary has slowed considerably since 2005, and 56 percent of that decline can be linked to reduced spending on cardiovascular disease and related risk factors, researchers reported Feb. 4 in Health Affairs.

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Post-Brexit trade policies could increase CVD mortality in England

Researchers predicted 12,400 additional deaths from cardiovascular disease (CVD) could occur in England between 2021 and 2030 if the United Kingdom severs preferential trading agreements with the European Union (EU) and prices of fruits and vegetables are impacted.

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GE now plans on selling nearly 50% of healthcare unit

General Electric (GE) has changed its original strategy and will now aim to sell nearly half of its healthcare unit, GE Healthcare, according to GE CEO Larry Culp.

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E-cigs outperform other nicotine replacement options for smoking cessation

Amid the FDA’s crackdown on the e-cigarette industry due to rising rates of teen vaping, a new randomized trial revealed e-cigs are effective for their original purpose: The devices were almost twice as successful as other nicotine replacement therapies, like patches and gums, in helping people stop smoking.

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.